AML / KYC

AML / KYC

Sri Lanka Police Inaugurates New Bureau to Handle Complex Criminal Cases

By Nithya Subramanian | 16/09/2025

The CCIB will handle complex and high-priority cases such as those involving illegal asset investigations, organised crime, and cybercrime.

AML / KYC

Thai Authorities Pledge Urgent Action to Unblock Frozen Accounts

By Manesh Samtani | 16/09/2025

The BOT and government agencies are creating a 'war room' to expedite the unblocking of innocent accounts caught in a nationwide mule account sweep.

AML / KYC

AUSTRAC Urges Increased Vigilance for Child Exploitation Red Flags

By Editors | 16/09/2025

AUSTRAC details transaction patterns linked to child abuse and sextortion, reminding firms of their suspicious matter reporting obligations.

Sanctions

Japan, New Zealand, UK Announce New Wave of Russia Sanctions

By Manesh Samtani | 15/09/2025

The targets include companies in Mainland China, Hong Kong, India, Thailand and India. Japan and New Zealand now aligned with the G7 oil price cap.

AML / KYC

Organised Crime Using FDI to Infiltrate Timor-Leste, UNODC Warns

By Sanday Chongo Kabange | 15/09/2025

New UNODC report details how crime syndicates are using legitimate investment frameworks to establish scam centres and launder money.

AML / KYC

Malaysia Mandates MyDigital ID for Prepaid SIM Registration

By Nithya Subramanian | 15/09/2025

All telecom operators have to adopt MyDigital ID for prepaid SIM registrations by year-end, with the MCMC set to strengthen security to curb misuse.

AML / KYC

Singapore Family Offices Face Rising Cost, Compliance Hurdles

By Nithya Subramanian | 15/09/2025

The fallout from the 2023 money laundering case has driven up costs and compliance hurdles for single family offices, prompting the ultra-rich to explore other banking alternatives.

Fintech / Regtech

GLEIF Appoints Toppan Edge as Japan's First vLEI Issuer

By Sanday Chongo Kabange | 13/09/2025

GLEIF says the appointment of Toppan Edge will enable the issuance of secure digital identities to Japanese firms for use in global trade and finance.

AML / KYC

Vietnam Mandates In-Person Biometric Verification for CDD

By Sanday Chongo Kabange | 13/09/2025

New regulations require in-person biometric verification for account opening and create new reporting duties for banks to combat financial crime.