AML / KYC

Enforcement

Singapore Seizes S$150m Linked to Cambodian Tycoon in Fraud Probe

By Nithya Subramanian | 03/11/2025

Singapore police have seized assets tied to Chen Zhi, following a global investigation into a vast money laundering and fraud network connected to forced-labour scam operations in Cambodia.

AML / KYC

Thailand Eyes New Digital Asset, Banking Rules Amid Scam Infiltration Probe

By Mark Johnston | 03/11/2025

Regulators confirm listed firms under scrutiny as AMLO seizes THB 350 million in assets linked to cross-border networks.

Enforcement

New Zealand DIA Halts Trust Firm Over 'Serious' AML Failures

By Sanday Chongo Kabange | 03/11/2025

An Auckland trust firm has agreed to cease operations after the regulator found it failed to maintain an AML programme or report suspicious activity.

Sanctions

Korea Eyes Preemptive Account Freezes Amid Cambodia AML Concerns

By Manesh Samtani | 02/11/2025

The move follows criticism over the handling of illicit funds and money laundering risks involving cryptocurrencies and overseas bank branches

Fintech / Regtech

India’s Enforcement Directorate Uncovers Scams Run by Chinese Nationals

By Nithya Subramanian | 01/11/2025

A new report found that Chinese nationals masterminded large-scale instant loan and cryptocurrency scams in India, funnelling over INR 280 billion through shell companies and digital payment channels.

AML / KYC

BNM Fines JAGS Money for AML/CFT and Receipt Failures

By Nithya Subramanian | 01/11/2025

BNM imposed an administrative penalty and compound totalling MYR 87,000 on JAGS Money for breaching AML and record-keeping rules.

Enforcement

Bangladesh Bank Probes Internal System Breach Involving Fraud

By Editors | 31/10/2025

Officials’ passwords were allegedly used to steal BDT 2.5 million, prompting a multi-agency investigation and the freezing of bank accounts.

AML / KYC

India to Repatriate 500 Nationals After Myanmar Scam Hub Raid

By Nithya Subramanian | 31/10/2025

About 500 Indians who fled Myanmar’s KK Park cybercrime compound into Thailand will be repatriated after verification, officials said.

Enforcement

India’s CBI Says Shell Firms Routed Yes Bank Funds to Anil Ambani Group

By Nithya Subramanian | 31/10/2025

The probe found a network of “Project Infrastructure Layering Entities” used to disguise fund transfers from Yes Bank to Reliance Group subsidiaries.