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Sanctions
US Releases Convicted Former Operator of BTC-e in Prison Swap
By Editors | 14/02/2025
Alexander Vinnik was in US custody awaiting sentencing after pleading guilty last year for conspiracy to commit money laundering.

AML / KYC
Australia Passes “World-leading” Scams Prevention Legislation
By Sanday Chongo Kabange | 13/02/2025
The law will introduce mandatory obligations for banks, telcos and social media platforms to prevent, detect and disrupt scams

AML / KYC
ABS Launches Automated Bill of Lading Verification for Banks
By Nithya Subramanian | 13/02/2025
The tool, developed through a collaboration between the ABS Trade Finance Registry and SGTraDex, will help banks better tackle trade finance fraud.

AML / KYC
Transparency International: Global Corruption to Impact Climate Action
By Nithya Subramanian | 13/02/2025
Latest Corruption Perceptions Index results highlight that weak anti-corruption efforts threaten democracy, enable money laundering, and put climate funds at risk

AML / KYC
Australian Court Commences Trial Against Star Casino Executives
By Thisanka Siripala | 11/02/2025
The trial will examine whether 10 former executives and directors knowingly allowed money laundering and criminal activity at Star casinos.

Fintech / Regtech
RBI to Boost Security of Cross-border CNP Transactions
By Nithya Subramanian | 11/02/2025
The RBI proposes to require an additional factor of authentication for card-not-present transactions initiated by overseas merchants or acquirers

AML / KYC
OJK Indonesia Issues New Bank Secrecy Regulations
By Editors | 11/02/2025
The regulations introduce clearer procedures for authorities requesting information from banks and for banks tasked with fulfilling such requests.

AML / KYC
Thailand Cuts Electricity, Internet to Myanmar Scam Compounds
By Manesh Samtani | 11/02/2025
Thailand took action because kidnapping risk caused a downturn in tourism from China. Laos has now stepped in to provide electricity to Myanmar.

AML / KYC
Bangladesh: Former Chair of BSEC Arrested, Denied Bail
By Nithya Subramanian | 10/02/2025
Shibli Rubayat Ul Islam allegedly received $361,000 in bribes and was involved in money laundering.

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
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