AML / KYC

AML / KYC

Korea, Cambodia Sign Tax Info-Sharing Agreement to Fight Transnational Crime

By Sanday Chongo Kabange | 07/01/2026

The agreement focuses on strengthening information exchange to combat illegal fund transfers linked to transnational crimes and offshore tax evasion.

Enforcement

Singapore Court Jails Director Over Scam-Linked Shell Companies

By Nithya Subramanian | 07/01/2026

A company director has been imprisoned and fined for registering shell firms that were used to fraudulently receive more than USD 210,000 in suspected criminal proceeds from a US-based company.

Enforcement

Hong Kong Jails Ex-HSBC Banker Over Account Opening Bribery Scheme

By Sanday Chongo Kabange | 07/01/2026

The former banker and an intermediary were sentenced to six months' imprisonment for a conspiracy involving over CNY 13,000 in bribes to open accounts.

Enforcement

How a South Sudanese General Regained Control of an Australian Mansion

By Nathan Lynch | 07/01/2026

A court judgment has allowed a South Sudanese PEP to retain control of a multi-million-dollar mansion in Victoria, highlighting the challenges facing the financial intelligence community.

AML / KYC

India’s IFSCA Updates AML/CFT and KYC Framework in GIFT City

By Nithya Subramanian | 06/01/2026

The revised guidelines sharpen beneficial ownership thresholds, expanding digital KYC norms and reinforcing a risk-based compliance approach for entities operating in GIFT City and other IFSCs.

Securities / Derivatives

Vietnam Revises Penalties Framework for Securities Rule Violations

By Sanday Chongo Kabange | 02/01/2026

New rules introduce significantly higher penalties for private placement, information disclosure, and AML violations to enhance market integrity.

Sanctions

US Targets China, Hong Kong Firms in Venezuela Sanctions

By Editors | 02/01/2026

Four companies with registered addresses in mainland China and Hong Kong have been designated for operating in Venezuela’s oil sector.

Enforcement

Korean Regulator Fines Crypto Exchange Korbit for AML Failures

By Manesh Samtani | 02/01/2026

KoFIU cited widespread customer due diligence failures, dealings with unregistered overseas platforms, and inadequate risk assessments.

Enforcement

BNM Fines 11 Money Services Firms for Regulatory Breaches

By Editors | 02/01/2026

Bank Negara Malaysia has penalised multiple money services businesses for failures relating to AML/CDD, capital shortfalls, and reporting.