Anti-Money Laundering

KYC & CDD

Taskforce Urges Global Action on Fragmented Ownership Data

By Manesh Samtani | 15/06/2026

New report says disconnected beneficial ownership registers are hampering the cross-border financial crime fight, and outlines a roadmap.

Anti-Bribery & Corruption

Bithumb CEO Named Suspect in South Korea Bribery Probe

By Sanday Chongo Kabange | 15/06/2026

Bithumb CEO named a suspect in a bribery investigation involving the hiring of a lawmaker’s son, adding to the firm’s legal and regulatory challenges.

Fraud, Scams & Cybercrime

FinCEN Issues Guidance to Bolster Fraud Information Sharing

By Manesh Samtani | 15/06/2026

FinCEN has clarified rules under the USA PATRIOT Act, encouraging banks to share a wider range of fraud-related data.

Anti-Money Laundering

Bangladesh Bank Issues Framework for Alternative Trade Finance

By Nithya Subramanian | 12/06/2026

The central bank has issued new guidelines to encourage the use of open account, supply chain finance and other mechanisms alongside traditional letters of credit.

Anti-Money Laundering

1MDB: Cyprus Court Approves Landmark Seizure of Jho Low Property

By Nithya Subramanian | 12/06/2026

This is the first time assets have been confiscated in Cyprus without a prior criminal conviction, a significant development in the country’s AML enforcement.

Fraud, Scams & Cybercrime

FBI Intensifies Cooperation in APAC to Dismantle Chinese-Linked Scam Networks

By Nithya Subramanian | 12/06/2026

The FBI is boosting regional partnerships to target the entire criminal ecosystem behind industrial-scale fraud operations.

Fraud, Scams & Cybercrime

Thailand Arrests Two Japanese Linked to Cambodia Scam Networks

By Editors | 12/06/2026

Two suspected leaders of scams targeting Japanese nationals were detained in Thailand, exposing cross-border operations involving forced recruitment and significant financial losses.

Anti-Money Laundering

IFC Issues Tech Playbook for AML/CFT in Emerging Markets

By Manesh Samtani | 12/06/2026

New guidance details how financial institutions can use analytics, AI and automation to strengthen financial crime controls and maintain global market access.

Anti-Money Laundering

Sri Lanka to Bolster AML Laws After Uncovering $85m Import Fraud

By Editors | 11/06/2026

Authorities have revealed a large-scale foreign exchange fraud involving bogus imports, prompting plans to strengthen AML legislation.