Anti-Money Laundering

Anti-Money Laundering

China Proposes New Rules to Streamline and Tighten Gold Trade

By Editors | 01/07/2026

Draft amendments aim to facilitate trade by extending permit validity while strengthening compliance checks on applicants and their agents to curb illicit activities.

Anti-Money Laundering

Thai SEC Proposes Risk Management Rules for Digital Asset Transfers

By Nithya Subramanian | 01/07/2026

The securities regulator has launched a consultation on draft ‘Travel Rule’ requirements for digital asset firms to manage money laundering and cybercrime risks.

Payments & Settlements

Bangladesh Mandates Bangla QR for All Merchant Payments

By Editors | 01/07/2026

The central bank's move, effective 1 July, aims to accelerate the country's transition towards a cashless economy and enhance regulatory oversight.

KYC & CDD

India’s IFSCA Proposes Mandatory Integration with KYC Agencies

By Nithya Subramanian | 30/06/2026

The GIFT City regulator has set out firm deadlines for all regulated firms to connect with a central KYC system.

Anti-Money Laundering

Bangladesh Proposes Sweeping Law to Combat Online Gambling

By Nithya Subramanian | 30/06/2026

The bill introduces stringent financial surveillance measures, AI-powered monitoring, and harsh penalties for operators, payment providers, and technology firms.

Anti-Money Laundering

FATF Demands Myanmar Tackle Illicit Finance from Scam Networks

By Editors | 30/06/2026

FATF has maintained Myanmar on its blacklist, urging it to act against extensive cyber-fraud operations and their significant illicit finance risks.

Data Privacy

Korea Fines Bithumb for Cross-Border Data Violations

By Mark Johnston | 30/06/2026

The KRW 210 million penalty comes with new privacy guidelines for the blockchain industry, signalling heightened scrutiny of data handling practices.

Fraud, Scams & Cybercrime

Vietnam Expands Bank-Police Cooperation to Combat Online Fraud

By Editors | 30/06/2026

The Ministry of Public Security and central bank will strengthen information sharing, monitor suspicious accounts and trace illicit financial flows under a new cooperation plan.

Fraud, Scams & Cybercrime

Korea to Cap Remote Account Openings to Combat Fraud

By Sanday Chongo Kabange | 30/06/2026

Regulators will limit non-face-to-face "free savings" account openings to three per quarter and mandate in-person closures for new accounts to curb online scams.