AML / KYC

    Fintech / Regtech

    Taiwan Suspends Xiaohongshu for One Year Over Cyber, Fraud Risks

    By Mark Johnston | 05/12/2025

    Taiwan authorities are blocking the Chinese social media platform after it failed security assessments and was linked to TWD 247 million in scam losses.

    AML / KYC

    Singapore Blacklists Eight Firms in Money Laundering Probe

    By Nithya Subramanian | 04/12/2025

    The eight firms are linked to fugitives Su Binghai and Xu Haika, who evaded capture after the 'billion-dollar money laundering case' came to light in 2023.

    Securities / Derivatives

    Thailand Freezes Over $300M in Assets Linked to Transnational Scam Groups

    By Manesh Samtani | 04/12/2025

    The action targeted securities and bank accounts linked to several interconnected networks, including Cambodia's Prince Group.

    Sanctions

    Australia Sanctions Russian 'Shadow Fleet' to Enforce G7+ Oil Price Cap

    By Editors | 04/12/2025

    Australia designated 45 vessels as part of a new sanctions package aimed at curbing Russia's ability to finance its war in Ukraine.

    Enforcement

    Singapore Charges Company Founder for Cheating Digital Finance Firm

    By Nithya Subramanian | 04/12/2025

    The Singaporean businessman was deported from China and charged in court with cheating Funding Societies of SGD 8 million.

    Fintech / Regtech

    Korea Tightens AML Framework to Target Crypto, Transnational Crime

    By Manesh Samtani | 03/12/2025

    Regulator to expand crypto travel rule, freeze suspect accounts, and extend AML duties to lawyers and accountants in a broad crackdown.

    ESG / Sustainability

    FSC Korea Proposes Harsher Penalties for Accounting Fraud

    By Manesh Samtani | 03/12/2025

    New rules will increase fines based on the duration of misconduct and target unofficial company leaders who orchestrate fraud.

    AML / KYC

    Philippines Probes Crypto Laundering in Flood Control Corruption Case

    By Manesh Samtani | 02/12/2025

    Officials say illicit funds are being moved offshore via stablecoins, as an inter-agency task force works to recover assets from the corruption scandal.

    AML / KYC

    Indonesian Authorities Collaborate to Protect Financial Sector Integrity

    By Nithya Subramanian | 02/12/2025

    Indonesia’s OJK, PPATK and BSSN signed new cooperation pacts to reinforce AML/CFT measures and bolster cybersecurity across the financial sector.

    Fintech / Regtech

    Korea FSS Issued Stern Warning to Upbit Over Crypto Hack

    By Manesh Samtani | 02/12/2025

    The regulator signalled it would take strong measures in response to the $30 million theft at Upbit linked to North Korean actors.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team