AML / KYC

Enforcement

Malaysian Authorities Arrest 10 Foreigners in AML Operation

By Nithya Subramanian | 10/02/2025

Authorities arrested 10 foreign nationals for offering unlicensed money transfer services to Indonesian and Indian customers

AML / KYC

ByBit Pays $1m Penalty to Re-enter Indian Crypto Market

By Nithya Subramanian | 10/02/2025

Bybit has paid a penalty and registered with FIU-IND, after having suspended services in India last month.

AML / KYC

Australia Publishes Guide on Scams Prevention Framework

By Manesh Samtani | 09/02/2025

The guide explains the steps banks, telcos and digital platforms would be expected to take to prevent, detect and disrupt scams.

AML / KYC

US Authorities Settles AML Charges with Armoured Car Company

By Nithya Subramanian | 09/02/2025

This is FinCEN’s first enforcement against an armoured car company, which admitted to transporting bulk currency between third parties in violation of US law.

Enforcement

Europol Leads Global Operation to Dismantle Cybercrime Forums

By Thisanka Siripala | 09/02/2025

Authorities made two arrests, seized 12 domains, and confiscated 17 servers and over 50 electronic devices.

AML / KYC

US Convicts Chinese Nationals for Fentanyl Precursor Shipment

By Editors | 08/02/2025

The shipment was arranged by undercover law enforcement agents who pretended to be buyers of the precursor chemicals.

AML / KYC

FATF Annual Report Highlights Crypto Loopholes as Key Threat

By Thisanka Siripala | 07/02/2025

Six years after the FATF strengthened its virtual asset standards, 97 out of 130 jurisdictions are still not fully compliant.

AML / KYC

Australian Super Advocacy Body Defends Anti-Scam Measures

By Thisanka Siripala | 06/02/2025

ASFA CEO Mary Delahunty says ASIC fails to acknowledge the proactive measures taken by the superannuation sector to tackle scams.

AML / KYC

Turkish Money Launderer Arrested in Montenegro After Singapore Deportation

By Nithya Subramanian | 06/02/2025

Vang Shuiming was arrested in Montenegro for orchestrating illegal online betting platforms targeting Chinese citizens