AML / KYC

Enforcement

US Indicts Four in Illicit Nvidia Chip Supply Chain Spanning Malaysia and Thailand

By Mark Johnston | 25/11/2025

Alleged conspiracy involving USD 3.89 million in wire transfers and shell companies highlights sanctions evasion risks in cross-border trade.

AML / KYC

Thailand Political Elites Shield Scam Gangs, Says Anti-Corruption Chief

By Nithya Subramanian | 25/11/2025

Influential elites and officials are taking bribes to protect cyber-scam networks, undermining the government’s efforts to dismantle criminal operations, says the head of the ACT.

Market Infrastructure

Swift Officially Ends Support for Legacy MT Messaging Standard

By Manesh Samtani | 25/11/2025

The end of the Swift MT coexistence period ushers in an era of richer data, though hurdles remain even for firms that switched to ISO 20022 on time.

AML / KYC

Thailand Bans Links in SMS and Email to Curb Online Scams

By Nithya Subramanian | 25/11/2025

Thailand has expanded its crackdown on digital fraud with a nationwide ban on links in official SMS and email messages, building on earlier financial and telecom rules.

Market Infrastructure

G20 Targets Debt, Regulation, and Climate Finance Gap

By Manesh Samtani | 25/11/2025

G20 communique outlines a comprehensive financial agenda, including MDB reform, crypto-asset regulation, and a USD 5.9 trillion funding need for developing nations' climate goals.

Sanctions

Russian Oil Flowing into New Zealand Despite Sanctions: Report

By Nithya Subramanian | 25/11/2025

An investigation has found that fuel refined from Russian crude has entered New Zealand despite sanctions, exposing a loophole that allows banned oil to reach via a third country.

Enforcement

Australia Regulator Fines Optus for Breaching Anti-Scam Rules

By Sanday Chongo Kabange | 25/11/2025

The penalty follows failures in identity verification processes that allowed scammers to access customer bank accounts, the communications authority said.

AML / KYC

Japan FSA to Step Up AML Dialogue with FIs Ahead of 2028 FATF On-Site Review

By Manesh Samtani | 24/11/2025

The regulator is shifting focus from technical compliance to proven outcomes, requiring firms to establish robust verification and improvement cycles.

Enforcement

Hong Kong Jails Agents in Insurance Commission Fraud Scheme

By Sanday Chongo Kabange | 24/11/2025

Jail sentences were earlier handed to another 11 individuals who were all part of the same 'dummy agent' commission fraud scheme, according to the ICAC.