AML / KYC

Securities / Derivatives

Sri Lanka’s CDS and Sampath Bank Partner to Ease Foreign Investment

By Editors | 03/06/2025

Sri Lanka’s CDS and Sampath Bank collaborate to streamline foreigner onboarding, aiming to boost investment in Sri Lankan capital markets.

Enforcement

Japan Investigates Source of Securities Account Hacks

By Editors | 03/06/2025

Japanese authorities launched investigations into securities account hacks that caused unauthorised transactions exceeding JPY 300 billion

AML / KYC

Banks Must Sharpen AI to Outmanoeuvre Money Mules: Experts

By Manesh Samtani | 02/06/2025

Financial crime experts discuss the challenges of identifying money mules, highlighting the need for dynamic AI and integrated strategies.

AML / KYC

Hong Kong SFC Updates Guidance on Remote Account Opening

By Manesh Samtani | 02/06/2025

The updated guidance provides additional flexibility to use digital ID and certification services for the purposes of remotely onboarding overseas investors.

AML / KYC

AUSTRAC Chief Vows Tough Enforcement as AML/CTF Net Widens

By Nathan Lynch | 02/06/2025

As Australia expands its AML/CTF regime, Brendan Thomas warns of strict action against businesses that ignore obligations and enable financial crime.

AML / KYC

China Set to Launch Voluntary National Digital ID System

By Editors | 01/06/2025

China is set to launch a new voluntary digital ID scheme in July, promising enhanced data security and online privacy.

Enforcement

South Korea Intensifies Crackdown on Illegal Spam Texts

By Editors | 01/06/2025

The FSS, KISA and mobile carriers are ramping up efforts to combat spam texts, targeting illegal lending, threatening debt collection tactics and investment scams.

AML / KYC

FATF Upgrades Indonesia’s Rating on Recommendation 7

By Editors | 31/05/2025

The 2nd Enhanced Follow-Up report for Indonesia acknowledges regulatory amendments concerning targeted financial sanctions related to proliferation.

Crypto / Digital Assets

Vietnamese Woman Arrested in Thailand over Alleged Crypto Fraud

By Editors | 30/05/2025

Ngo Thi Theu faces charges for her involvement in a crypto investment fraud that employed call centres in Vietnam and Cambodia.