AML / KYC

AML / KYC

Papua New Guinea Banks Launch New Association to Strengthen Financial Sector

By Nithya Subramanian | 20/03/2026

The newly-formed PNG Banking Association aims to strengthen cooperation across the sector, support regulatory reforms and address FATF requirements.

Fintech / Regtech

India Steps Up Measures to Combat Fraudulent Loan Apps

By Nithya Subramanian | 20/03/2026

Regulators have launched an official app directory, enhanced enforcement measures, and clarified rules to protect consumers from unauthorised mobile lending platforms.

Enforcement

Korea Launches AML Crackdown Targeting VCs, Cross-Border Payments

By Manesh Samtani | 18/03/2026

Regulators have announced coordinated inspection plans and a new public-private partnership to combat money laundering through emerging financial channels.

Enforcement

MAS Bans Ex-Bankers Over Roles in S$3bn Money Laundering Case

By Nithya Subramanian | 18/03/2026

Two former relationship managers who were convicted last year have received multi-year bans for offences including forgery and money laundering.

Enforcement

Global Fraud Summit Launches Taskforce Targeting Southeast Asian Scam Hubs

By Manesh Samtani | 18/03/2026

New INTERPOL taskforce and public-private partnerships aim to disrupt transnational fraud networks, with a focus on the APAC region.

AML / KYC

AUSTRAC CEO Details 'Systemic' AML Failings in Gambling Sector

By Manesh Samtani | 18/03/2026

Brendan Thomas called out recurring AML/CTF weaknesses and outlined AUSTRAC's expectations ahead of major legislative reforms.

Crypto / Digital Assets

Thailand Consults on 'Travel Rule' Implementation for Digital Assets

By Sanday Chongo Kabange | 17/03/2026

Digital asset business operators would have to collect, verify, and transmit information for all digital asset transfers; additional information for transactions valued at THB 30,000 or more.

AML / KYC

Hong Kong IA to Redefine 'Mainland Visitor' for Insurers

By Sanday Chongo Kabange | 17/03/2026

Proposal would allow remote policy signing for talent scheme arrivals and overseas residents to attract high-net-worth clients.

AML / KYC

INTERPOL Calls for APAC Regulatory Overhaul as AI-Driven Fraud Surges

By Sanday Chongo Kabange | 17/03/2026

New report details growing threat from 'Fraud-as-a-Service' and calls for updated KYC/AML rules for virtual asset service providers.