AML / KYC

Crypto / Digital Assets

China Renews Crypto Crackdown, Puts Stablecoins in Crosshairs

By Manesh Samtani | 01/12/2025

Top financial and security bodies met to reinforce a ban on crypto activities, highlighting stablecoins as a key risk area.

Crypto / Digital Assets

INTERPOL Targets Illicit Finance, Scam Centres in New Global Strategy

By Manesh Samtani | 01/12/2025

Global police body unanimously approves five-year plan with new tools to trace criminal assets and disrupt human trafficking-fuelled fraud.

Fintech / Regtech

MAS, ABS Reject Calls to Loosen Anti-scam Cooling-off Rule

By Nithya Subramanian | 01/12/2025

MAS and ABS say scam risks remain too high to exempt own-account transfers from the 24-hour cooling-off rule, despite customer complaints.

Sanctions

Australia Lists Iran's IRGC as State Sponsor of Terrorism

By Manesh Samtani | 28/11/2025

The designation, the first under a new legal regime, makes certain dealings with the IRGC a criminal offence in Australia.

Trending

Korea Targets Prince Group in Largest Ever Sanctions Package

By Manesh Samtani | 28/11/2025

The measures freeze domestic assets, including crypto, of 147 entities and individuals, mirroring recent US and UK actions against Cambodia-based operations.

AML / KYC

Philippine Lawmaker Files Bill to Grant AMLC Wider Powers

By Sanday Chongo Kabange | 28/11/2025

A new Senate bill aims to expand the financial intelligence unit's powers and scope to combat complex financial crime and avoid potential FATF greylisting.

Fintech / Regtech

New Zealand Banks to Compensate Scam Victims Under New Industry Code

By Sanday Chongo Kabange | 28/11/2025

Updated industry code requires banks to adopt new scam protections and compensate eligible customers who fall victim to authorised payment scams from 30 November.

AML / KYC

India’s Enforcement Directorate Arrests Company Founders in Gaming Crackdown

By Nithya Subramanian | 28/11/2025

The authorities allege illegal gaming operations, algorithmic rigging and laundering of funds through offshore entities as part of a probe into gaming platforms.

AML / KYC

Hong Kong SFC Issues AML Warning as JFIU Prepares New STR Platform

By Sanday Chongo Kabange | 28/11/2025

The SFC has detailed expected controls to combat layering via brokerages and virtual assets, as HKPF prepare to launch a new system for reporting suspicious transactions.