AML / KYC

AML / KYC

Tonga Boosts AML Powers to Combat Crime, Secure Banking Ties

By Manesh Samtani | 03/03/2026

New legislation enhances supervision and asset recovery to combat organised crime and secure crucial international correspondent banking relationships, officials say.

Fintech / Regtech

Malaysia Imposes New Rules on SIM Registration to Curb Fraud & Scams

By Nithya Subramanian | 02/03/2026

The MCMC has introduced a stricter prepaid SIM registration framework, limiting individuals to five cards per telco, enforcing biometric verification, and tightening rules for minors and tourists.

Enforcement

India's ED Attaches Billionaire Anil Ambani's Home in Fraud Probe

By Editors | 02/03/2026

The action is part of a widening investigation into alleged bank loan defaults at Reliance Communications totalling over INR 400 billion.

Enforcement

US Seizes $580m in Crypto from Southeast Asian Scam Networks

By Mark Johnston | 02/03/2026

A US task force has seized millions in cryptocurrency from transnational crime syndicates orchestrating investment frauds across Southeast Asia.

AML / KYC

Commonwealth Bank Investigates Suspected Loan Fraud, Cites AI Use

By Sanday Chongo Kabange | 02/03/2026

CBA has filed reports to police and regulators over fears that doctored applications, some using AI, were used to obtain loans.

AML / KYC

Japan FSA Admits Hitachi-Led Crypto AML Project into Sandbox

By Sanday Chongo Kabange | 02/03/2026

A consortium of financial and tech firms will test a collaborative information-sharing framework to combat money laundering involving crypto-assets.

Fintech / Regtech

Financial Services Fundamentally Shifting to Agentic AI - Report

By Manesh Samtani | 01/03/2026

Report from Google Cloud says new protocols will enable agent-to-agent communication and payments, transforming compliance, security, and customer service.

Fintech / Regtech

RBI Scrutinises YES Bank Over Forex Card Security Breach

By Nithya Subramanian | 27/02/2026

The RBI has summoned senior executives after unauthorised transactions linked to a data security lapse which affected about 5,000 prepaid forex card customers.

Fintech / Regtech

AI-Powered Tools Are Supercharging Asian Scam Networks: C4ADS

By Nithya Subramanian | 27/02/2026

Criminal networks are leveraging advanced AI translation, chatbot and monitoring tools to expand and streamline global scam operations, a new report by C4ADS warns.