Anti-Money Laundering

Fraud, Scams & Cybercrime

Bangladesh CID Denies Reports of Chargesheet in Decade-Old Bank Heist

By Editors | 25/06/2026

The police agency has refuted media claims that a draft chargesheet has been prepared in the 2016 cyber-heist, stating the investigation is ongoing.

Anti-Money Laundering

Hong Kong Convicts Asset Manager in HK$64m Money Laundering Case

By Editors | 25/06/2026

The owner of an asset management firm has been convicted of laundering crime proceeds, including funds linked to a former mainland official, and immigration fraud.

CBDCs

Korea Pushes Deposit Token Project Towards Commercialisation

By Editors | 25/06/2026

BOK's expanded pilot is creating pressure on banks, which face new compliance and technology investment requirements.

PEPs & Sanctions

Sanctions Must Target Crypto ‘Infrastructure’ to Combat Evasion: RUSI

By Manesh Samtani | 24/06/2026

New report says focusing on exchanges and liquidity providers is key to disrupting Russia's sanctions circumvention networks.

Stablecoins

BIS Urges International Coordination on Stablecoin Risks

By Manesh Samtani | 24/06/2026

BIS warns of "stablecoin dollarisation" risks in emerging economies and calls for robust, internationally consistent regulation to safeguard monetary stability.

PEPs & Sanctions

US Targets Scam Networks With New Sanctions, Rulemaking

By Manesh Samtani | 24/06/2026

The US has sanctioned individuals and entities linked to the Prince Group and proposed new rules to close circumvention loopholes used by the Huione Group.

PEPs & Sanctions

FATF Amends Terror Financing Rules to Protect Humanitarian Aid

By Manesh Samtani | 24/06/2026

FATF has updated its standards to ensure targeted financial sanctions do not impede legitimate humanitarian activities.

Cryptocurrency

Korean Authorities Agree 20pc Cap on Crypto Exchange Ownership

By Mark Johnston | 24/06/2026

Regulators have agreed a 20 percent ownership limit for crypto exchanges, despite warnings that it could impede the industry’s growth.

Fraud, Scams & Cybercrime

Thailand Dismantles Forex Scam Network with Political, Celebrity Links

By Nithya Subramanian | 24/06/2026

Authorities have seized millions in assets and frozen dozens of bank accounts in a crackdown on an unauthorised foreign exchange trading network with estimated losses in the billions of baht.