AML / KYC

AML / KYC

FATF Removes Philippines from Grey List, Adds Nepal and Laos

By Manesh Samtani | 23/02/2025

The FATF also agreed on standards revisions to support financial inclusion and to issue consultations on payment transparency and proliferation financing schemes.

Crypto / Digital Assets

US SEC Launches Cyber and Emerging Technologies Unit

By Nithya Subramanian | 21/02/2025

The unit will “root out those seeking to misuse innovation to harm investors and diminish confidence in new technologies”

Enforcement

India Enforcement Directorate Seizes $190m Related to BitConnect Scam

By Nithya Subramanian | 21/02/2025

The ED the f’s investigation revealed that the founder of BitConnect and his associates ran an unregistered, fraudulent investment scheme.

Crypto / Digital Assets

Fraud Uncovered in Secondary Market for FTX Debt Claims

By Nithya Subramanian | 21/02/2025

An investigation by Inca Digital revealed that a scam group used fake identities to impersonate claim holders and made away with $5.6mn.

AML / KYC

Digital Currency Exchanges on Notice Amid AUSTRAC Compliance Blitz

By Nathan Lynch | 20/02/2025

Crackdown from AUSTRAC could be just the tip of the iceberg for crypto exchanges, as some could also face follow-up enforcement action.

AML / KYC

Financial Crime Expert Nathan Lynch Appointed as Chief Correspondent

By Editors | 20/02/2025

As Chief Correspondent, Nathan Lynch will lead specialist reporting on financial crime, money laundering, sanctions and risk management.

AML / KYC

Singapore: Unlocking the Potential of AI in the Fight Against Financial Crime

By Bradley Maclean | 19/02/2025

Brad Maclean discusses Singapore’s AI adoption journey, including the opportunities it has seized, the challenges it faces, and what lies ahead.

AML / KYC

Australian Police Publishes “Scam Script” Used to Lure Victims

By Sanday Chongo Kabange | 19/02/2025

The AFP published the scam script to promote an understanding of how romance scams are operated and greater vigilance by the public.

Enforcement

China Working with Myanmar to Address Cross-Border Crimes

By Nithya Subramanian | 19/02/2025

Senior Chinese officials met with officials of the Myanmar government to discuss measures to address cross-border scams and fraud.