Anti-Money Laundering

Anti-Money Laundering

China Jails Five in USD 29.4 Million Crypto-Linked Forex Scheme

By Mark Johnston | 03/07/2026

A Shanghai court has imposed prison sentences for an illegal currency exchange operation that used cryptocurrency to bypass the nation’s strict capital controls.

Fraud, Scams & Cybercrime

UK Takes FATF Helm with Pledge to Tackle Global Fraud Epidemic

By Manesh Samtani | 02/07/2026

The FATF has launched a new two-year roadmap focused on strengthening the global response to fraud.

Fraud, Scams & Cybercrime

NAB Calls for National Strategy to Combat Sophisticated Mortgage Fraud

By Sanday Chongo Kabange | 02/07/2026

The bank has exited or suspended several parties amid an industry-wide fraud probe and is now urging a coordinated government and cross-sector response.

Fraud, Scams & Cybercrime

OJK Indonesia, UNODC Lead Regional Push Against Online Scams

By Nithya Subramanian | 02/07/2026

The initiative aims to strengthen financial intelligence, harmonise AML/CFT frameworks and improve cross-border information sharing as digital fraud becomes increasingly linked to money laundering.

Anti-Money Laundering

Vietnam Launches National Action Plan to Exit FATF Grey List

By Nithya Subramanian | 02/07/2026

The plan sets out key deadlines for ministries and focuses on risk assessments and international cooperation to address strategic deficiencies.

Anti-Money Laundering

Australia's 'Tranche 2' AML Reforms Targeting DNFBPs Go Live

By Sanday Chongo Kabange | 01/07/2026

New laws bring lawyers, accountants and real estate agents into the AML/CTF regime, as Australia prepares for its upcoming FATF evaluation.

Anti-Money Laundering

China Proposes New Rules to Streamline and Tighten Gold Trade

By Mark Johnston | 01/07/2026

China’s central bank and customs agency are seeking feedback on draft rules to facilitate the gold trade while tightening compliance checks for licensees.

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.