AML / KYC

    image

    Enforcement

    Korea Establishes Interagency Investigative Team for Crypto

    By Manesh Samtani | 27/07/2023

    Until new rules for the crypto sector come into force in 2024, the new investigative team will be charged with investigating unlawful trading activities.

    image

    AML / KYC

    ESMA Withdraws Recognition Decisions for UAE CCPs

    By Editors | 26/07/2023

    The recognition decisions were withdrawn due to the UAE’s including in the EU’s AML blacklist.

    image

    AML / KYC

    Germany to Establish New Financial Intelligence Bureau

    By Editors | 26/07/2023

    The new Federal Bureau of Financial Intelligence will introduce a new investigations procedure and offer specialised AML training courses.

    image

    AML / KYC

    Court Ruling Requires PayPal to Comply With AML Laws in India

    By Editors | 25/07/2023

    The court dismissed a monetary penalty previously imposed on PayPal for failure to comply with the reporting obligations under the PMLA.

    image

    AML / KYC

    Thailand Launches Initiative to Fight Investment Fraud

    By Ranamita Chakraborty | 25/07/2023

    The Stock Exchange of Thailand along with the Thai capital market sector, business organisations and government agencies will work together to protect investors and the public from scams.

    image

    AML / KYC

    Disgraced Former CSRC Official Has a New Job at PBOC – Report

    By Editors | 25/07/2023

    Former CSRC chief Liu Shiyu was previously punished for using his position and power to seek personal gains for others.

    image

    Crypto / Digital Assets

    Couple Responsible for 2016 Bitfinex Hack Reach Plea Deal

    By Manesh Samtani | 24/07/2023

    The 119,754 bitcoin stolen was worth $71mn at the time of the hack. When the couple was arrested in Feb 2022, it was worth over $4.5mn.

    image

    AML / KYC

    Worldcoin Crypto Project Officially Launches

    By Editors | 24/07/2023

    The project uses a small device called an “orb” to scan people’s eyeballs in order to generate a unique digital identity.

    image

    AML / KYC

    US DOJ Elevates Crypto Enforcement Team Within Criminal Division

    By Manesh Samtani | 24/07/2023

    NCET will merge into the Computer Crime and Intellectual Property Section, more than doubling the number of prosecutors available to work on crypto-related crime.

    image

    AML / KYC

    Australia’s New Anti-Scam Centre Holds First Advisory Board Meeting

    By Editors | 24/07/2023

    The Advisory Board agreed to develop a naming convention for scams that will underpin the data sharing and analytics needed to disrupt scams.

    JOIN OUR NEWSLETTER

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