AML / KYC

AML / KYC

Transparency International: Global Corruption to Impact Climate Action

By Nithya Subramanian | 13/02/2025

Latest Corruption Perceptions Index results highlight that weak anti-corruption efforts threaten democracy, enable money laundering, and put climate funds at risk

AML / KYC

Australian Court Commences Trial Against Star Casino Executives

By Thisanka Siripala | 11/02/2025

The trial will examine whether 10 former executives and directors knowingly allowed money laundering and criminal activity at Star casinos.

Fintech / Regtech

RBI to Boost Security of Cross-border CNP Transactions

By Nithya Subramanian | 11/02/2025

The RBI proposes to require an additional factor of authentication for card-not-present  transactions initiated by overseas merchants or acquirers

AML / KYC

OJK Indonesia Issues New Bank Secrecy Regulations

By Editors | 11/02/2025

The regulations introduce clearer procedures for authorities requesting information from banks and for banks tasked with fulfilling such requests.

AML / KYC

Thailand Cuts Electricity, Internet to Myanmar Scam Compounds

By Manesh Samtani | 11/02/2025

Thailand took action because kidnapping risk caused a downturn in tourism from China. Laos has now stepped in to provide electricity to Myanmar.

AML / KYC

Bangladesh: Former Chair of BSEC Arrested, Denied Bail

By Nithya Subramanian | 10/02/2025

Shibli Rubayat Ul Islam allegedly received $361,000 in bribes and was involved in money laundering.

Enforcement

Malaysian Authorities Arrest 10 Foreigners in AML Operation

By Nithya Subramanian | 10/02/2025

Authorities arrested 10 foreign nationals for offering unlicensed money transfer services to Indonesian and Indian customers

AML / KYC

ByBit Pays $1m Penalty to Re-enter Indian Crypto Market

By Nithya Subramanian | 10/02/2025

Bybit has paid a penalty and registered with FIU-IND, after having suspended services in India last month.

AML / KYC

Australia Publishes Guide on Scams Prevention Framework

By Manesh Samtani | 09/02/2025

The guide explains the steps banks, telcos and digital platforms would be expected to take to prevent, detect and disrupt scams.