AML / KYC

AML / KYC

US Announces New Measures Targeting Cross-Border Financial Crime

By Editors | 08/09/2025

The SEC has formed a new enforcement task force targeting foreign fraud, while FinCEN has issued guidance to encourage cross-border information sharing.

AML / KYC

Vietnam Tightens Rules to Combat Terrorism Financing

By Nithya Subramanian | 08/09/2025

The regulations establish a broad inter-agency framework for freezing assets and sharing intelligence on suspicious transactions involving bank accounts, securities, and digital currencies.

AML / KYC

Global AML Watchdogs Urge Informal Cooperation in New Handbook

By Manesh Samtani | 08/09/2025

The FATF, Egmont Group, Interpol, and UNODC have released a guide promoting faster, informal cooperation to combat cross-border financial crime and recover assets.

Sanctions

ASO Provides Key Technical Details for Consolidated List Overhaul

By Editors | 08/09/2025

Firms given detailed guidance on alias strength, data formats, and a hard cut-off date as the 1 November deadline for sanctions list changes approaches.

AML / KYC

S Korean National Pleads Guilty to Money Laundering Charges in Singapore

By Nithya Subramanian | 06/09/2025

The Korean national admitted in a Singapore court to using criminal proceeds to buy gold bars, which he then smuggled out of the country disguised in shipments.

AML / KYC

Myanmar Tightens Corporate Rules to Combat "Terrorism" Threat

By Nithya Subramanian | 06/09/2025

Myanmar's Directorate of Investment and Company Administration is ordering companies to submit extensive new information, including bank account details and directors' home addresses.

AML / KYC

UnionBank Goes Live on Philippine Open Finance Pilot for Pensions

By Editors | 06/09/2025

UnionBank is among the first to launch a BSP-led initiative using consent-based data sharing to simplify retirement account opening.

Sanctions

FATF Should Police Ship Registries to Curb Sanctions Evasion, Says RUSI

By Manesh Samtani | 05/09/2025

The FATF should assess flag states to close loopholes used by sanctions-busting 'shadow fleets' from North Korea and others, RUSI argues in a new report.

Fintech / Regtech

BIS Develops Prototype to Analyse ISO 20022 Payments Data

By Manesh Samtani | 05/09/2025

The Project Keystone platform, a joint effort with the Bank of England, offers modules for liquidity, economic, and fraud analysis using ISO 20022 payments data.