AML / KYC

AML / KYC

Philippine Central Bank to Issue Circular on Online Gambling Risks

By Sanday Chongo Kabange | 04/07/2025

The BSP says it will require banks and electronic money issuers to better protect users of their digital platforms from online gambling risks.

AML / KYC

How Hong Kong is Tackling the Money Mule Threat

By Manesh Samtani | 04/07/2025

Industry experts discussed the growing sophistication of money mule networks and the complexities of detecting and offboarding suspicious accounts.

AML / KYC

AUSTRAC Orders External Audit of Western Union Over “Core” AML Issues

By Sanday Chongo Kabange | 04/07/2025

AUSTRAC’s concerns are “core anti-money laundering issues” and whether Western Union’s AML/CTF programme is functional.

AML / KYC

ASIC Issues Warning on ‘High-Pressure’ Sales Tactics in Super Sector

By Sanday Chongo Kabange | 03/07/2025

ASIC’s warning comes amid rising cases of retirement savings into “complex and risky schemes”.

AML / KYC

Japan FSA Flags Banks, Crypto as High-Risk for Money Laundering

By Editors | 03/07/2025

The FSA will focus on verifying the effectiveness of AML/CFT systems at FIs in preparation for the next FATF mutual evaluation.

AML / KYC

RBI Directs Banks to Adopt Telecoms Fraud Risk Tool

By Manesh Samtani | 03/07/2025

The RBI has directed all lenders to integrate a new government system that flags mobile numbers linked to financial fraud.

AML / KYC

Chinese Underground Banks Use Cartel Cash for TBML – Report

By Editors | 03/07/2025

A former senior DEA official has detailed a vast trade-based money laundering network linking Chinese investors, students, and the Sinaloa cartel.

AML / KYC

New Zealand FMA Issues Warning to Investors on Crypto Risks

By Sanday Chongo Kabange | 03/07/2025

The FMA warned that the most common crypto scams are related to fake online crypto investment platforms.

Securities / Derivatives

SEBI Allows Use of NPCI’s e-KYC Setu for Aadhaar Verification

By Nithya Subramanian | 03/07/2025

Registered intermediaries can use NPCI’s e-KYC Setu System as an additional method for Aadhaar-based digital KYC.