Anti-Money Laundering

Anti-Money Laundering

Singapore Probe into Prince Group Syndicate Nets S$600m in Assets

By Nithya Subramanian | 26/06/2026

Police have named two Chinese nationals in an ongoing money laundering investigation linked to the sanctioned Cambodian scam syndicate.

PEPs & Sanctions

CoinEx Named as Primary Sanctions Exit Route for Iranian Crypto

By Manesh Samtani | 25/06/2026

Seychelles-based crypto exchange CoinEx allegedly facilitated USD 3.84 billion in transactions for sanctioned Iranian entities.

Anti-Money Laundering

China Touts 'New Stage' of AML Development with Sweeping Legal Reforms

By Mark Johnston | 25/06/2026

A revised AML law, a new beneficial ownership registry, and a risk-based approach mark a significant overhaul of China's financial crime framework.

Fraud, Scams & Cybercrime

Japan Arrests Alleged Second-in-Command of Sanctioned Prince Group

By Nithya Subramanian | 25/06/2026

The arrest, made on minor residency charges, connects to a multi-billion dollar international fraud and money laundering investigation.

Fraud, Scams & Cybercrime

Deeper Data Sharing Needed to Combat Industrialised Fraud

By Manesh Samtani | 25/06/2026

Experts at a Singapore conference argue voluntary partnerships are not enough, urging legal reforms and a mindset shift to disrupt networked criminal gangs.

Cryptocurrency

Vietnam Sets 'Controlled' Pilot for Crypto Market, Restricts Domestic Access

By Mark Johnston | 25/06/2026

The framework prioritises attracting foreign capital and meeting international AML standards, while initially limiting participation for local investors and banning derivatives.

Anti-Money Laundering

FATF Seeks Feedback on New Payment Transparency Guidance

By Manesh Samtani | 25/06/2026

The FATF is seeking input on draft guidance for its revised Recommendation 16, which introduces new alignment checks and data requirements for FIs.

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.