AML / KYC

AML / KYC

Indonesia Deploys AML Framework to Tackle Subsidised Fuel Fraud

By Editors | 13/04/2026

PPATK is working with police to trace illicit funds and seize assets in a scheme causing trillions of rupiah in state losses.

AML / KYC

Australian Accountants Face Major AML Reform Readiness Gap

By Sanday Chongo Kabange | 13/04/2026

A recent survey reveals widespread unpreparedness among Australian accountants for impending AML reforms, raising concerns about compliance burdens and potential penalties.

Enforcement

India Seizes $1.8m in Assets in Co-operative Bank Fraud Probe

By Editors | 13/04/2026

Enforcement Directorate attaches assets linked to the former chairman of New India Co-operative Bank in a money laundering investigation.

Fintech / Regtech

India Proposes Payment Lags, 'Kill Switch' to Combat Digital Fraud

By Nithya Subramanian | 13/04/2026

The RBI has proposed a raft of new measures, including a one-hour delay on some transfers, to tackle surging online payment fraud.

AML / KYC

AUSTRAC Finds Major AML Vulnerabilities at Foreign-Owned Banks

By Sanday Chongo Kabange | 13/04/2026

AUSTRAC uncovers significant weaknesses in AML controls and reporting following two separate supervisory campaigns targeting foreign-owned banks.

Fintech / Regtech

Korea Deploys AI to Proactively Block Financial Spam

By Mark Johnston | 13/04/2026

Financial regulators will use NLP to automatically identify and block evolving fraudulent investment and loan-related text messages.

AML / KYC

Bangladesh Limits Mobile Financial Accounts Per ID to Curb Fraud

By Nithya Subramanian | 13/04/2026

New rules will require mobile numbers to be registered to the account holder's own National ID, as authorities move to strengthen payment security and curb fraud.

AML / KYC

India’s FIU and I4C Sign Pact to Combat Financial Fraud

By Nithya Subramanian | 11/04/2026

New agreement will see FIU-IND and I4C share data to improve fraud prevention, strengthen detection protocols, and accelerate asset recovery.

Crypto / Digital Assets

Korea Mandates Standardised Crypto Withdrawal Delays

By Mark Johnston | 11/04/2026

New unified rules remove exchange discretion on withdrawal holds, aiming to close loopholes exploited by voice phishing fraudsters.