Sanctions

Sanctions

UK Unveils Tech-Focused Strategy to Tackle Sanctions Evasion

By Manesh Samtani | 20/04/2026

The new three-year plan from OFSI focuses on using AI, data analytics, and international partnerships to increase efficiency and target risk.

AML / KYC

Australia: Law Society of NSW Unveils AML Guide for Small Law Firms

By Sanday Chongo Kabange | 20/04/2026

The guide aims to help smaller practices in New South Wales comply with Australia's incoming 'Tranche 2' AML reforms, effective 1 July 2026.

Sanctions

US Warns APAC Banks of Sanctions Risk Over Iran Transactions

By Manesh Samtani | 17/04/2026

US Treasury warns banks in China, Hong Kong and the UAE they risk secondary sanctions for handling illicit Iranian funds.

Sanctions

China Enacts Sweeping New Powers to Counter Foreign Sanctions

By Mark Johnston | 15/04/2026

The State Council has issued new regulations creating a framework to block foreign extraterritorial measures and penalise compliance within China.

Sanctions

US and Australia Warn Firms on North Korean IT Worker Threat

By Sanday Chongo Kabange | 10/04/2026

Regulators are urging firms to bolster hiring and cyber defences against sophisticated infiltration tactics used to fund Pyongyang's weapons programs.

Sanctions

US Proposes New AML and Sanctions Rules for Stablecoin Issuers

By Manesh Samtani | 09/04/2026

The US Treasury has issued a proposed rule that would bring certain stablecoin issuers under a federal regulatory framework.

Sanctions

Singapore’s AI Ambitions Clash with Cloud Hesitancy

By Bradley Maclean | 08/04/2026

A private roundtable of senior AML leaders revealed that despite regulatory encouragement, internal cultural and technical barriers are impacting AI adoption in Singapore.

Enforcement

Singapore Charges Fourth Executive in Probe of Illicit Nvidia Chip Exports

By Nithya Subramanian | 06/04/2026

The case highlights growing US pressure on Southeast Asian hubs to enforce export controls on advanced technology destined for China.

Sanctions

Cambodia Extradites Former Huione Chairman to China to Face Charges

By Manesh Samtani | 02/04/2026

Li Xiong, described as a "core backbone member" of Chen Zhi's syndicate, has been extradited to China amid allegations of money laundering and fraud.