AML / KYC

AML / KYC

Japan Tightens Foreign Property Reporting and Nationality Rules

By Mark Johnston | 19/12/2025

Tokyo unveils dual regulatory measures requiring nationality disclosure on registries and mandatory reporting for residential property acquisitions to curb speculation.

Enforcement

India Orders Serious Fraud Probe into IndusInd Bank Over Accounting Lapses

By Editors | 19/12/2025

The probe will examine potential manipulation of books of account, creation of fictitious accounts, misclassification of assets, and the impact on the bank’s financial statements.

Enforcement

Singapore Charges Samtrade FX Executives Over ‘Copy Trading’ Scheme

By Mark Johnston | 19/12/2025

Three top executives face court over alleged conspiracy to tilt bid-ask spreads and launder millions in proceeds.

AML / KYC

Philippines House Approves Bill to Amend Bank Secrecy Law

By Sanday Chongo Kabange | 19/12/2025

The bill grants the BSP new supervisory authority to examine bank deposits in cases of suspected fraud.

AML / KYC

Trade Finance Fraud Poses Growing Challenge to Compliance Teams

By Nathan Lynch | 19/12/2025

Global trade is expected to reach a new high of USD 35 trillion this year. Alongside the many benefits, this volume of transactions also creates significant opportunities for fraud.

Enforcement

Singapore Jails CSP Directors in Landmark Ruling on Nominee Negligence

By Mark Johnston | 19/12/2025

First conviction of service provider under new sentencing framework highlights risks of “silent” directors and lax due diligence.

Sanctions

EU Sanctions Key Oil Traders, Widens Net to Asian Refiners

By Manesh Samtani | 18/12/2025

New measures target individuals and entities in Russia's 'shadow fleet' and will disrupt refined product exports from Asia.

AML / KYC

Australia Regulators Hit Bendigo Bank with Capital Charge, Probe AML Failings

By Sanday Chongo Kabange | 18/12/2025

APRA and AUSTRAC have imposed a capital add-on and launched an enforcement investigation into the bank's risk management.

Sanctions

Australia Warns FIs on Iran Shadow Banking Risks, Details Evasion Tactics

By Sanday Chongo Kabange | 18/12/2025

Advisory note from the ASO and AUSTRAC details methods including crypto, front companies and informal networks used to circumvent sanctions.