AML / KYC

AML / KYC

Vietnam Proposes Strict Reporting Rules for IFC Money Transfers

By Nithya Subramanian | 22/08/2025

The SBV has drafted new AML rules for planned international financial centres, aiming to curb illicit flows with stricter transaction reporting.

Sanctions

UK Sanctions Kyrgyz Bank, Crypto Firms in Russia Evasion Clampdown

By Manesh Samtani | 22/08/2025

The new designations target a bank and crypto networks in Kyrgyzstan accused of helping Russia circumvent international financial restrictions.

AML / KYC

Online Scams Persist in Malaysia Despite Awareness Drives: Minister

By Nithya Subramanian | 21/08/2025

Online scams in Malaysia persist as syndicates shift tactics, use fake identities and websites, and exploit low digital literacy and weak cross-border enforcement.

Enforcement

ASIC Expands Website Takedown Capability to Include Social Media Ads

By Sanday Chongo Kabange | 21/08/2025

ASIC is expanding its website takedown capability to include social media advertisements in response to evolving tactics employed by scammers.

AML / KYC

RBI to Soon Issue Guidelines on AI Use for Mule Detection

By Nithya Subramanian | 21/08/2025

Banks will be required to use AI verification to detect and block mule accounts to help curb online scams and strengthen financial system security.

AML / KYC

BSP Pledges Stronger Financial Crime Safeguards

By Nithya Subramanian | 21/08/2025

The Philippines’ exit from global money laundering watchlists is expected to lower remittance costs, ease banking ties abroad, and boost investor confidence in its financial system.

Fintech / Regtech

Industry Launches Real-time Crypto Crime Response Network

By Manesh Samtani | 21/08/2025

The Beacon Network aims to set a new standard for real-time financial crime response and prevent illicit crypto funds from being cashed out.

AML / KYC

Indonesia Unveils Multi-Agency Drive to Combat Digital Financial Fraud

By Sanday Chongo Kabange | 20/08/2025

Indonesia's OJK and government agencies launched a national campaign to combat digital financial fraud, urging industry collaboration.

Trending

BOT Tightens Mobile Banking Transfer Limits to Contain Fraud

By Editors | 20/08/2025

Bank of Thailand has tightened mobile banking transfer limits, aiming to curb financial fraud and safeguard vulnerable users.