Anti-Money Laundering

AI Risk & Governance

Japan Consortium to Define Legal and Governance Framework for AI Agents

By Sanday Chongo Kabange | 04/07/2026

A 28-member group led by MUFG will examine the use of verifiable credentials to manage risks as AI agents begin to conduct financial transactions.

Fraud, Scams & Cybercrime

Singapore Charges Four Firms in Nvidia Chip Fraud Probe

By Nithya Subramanian | 04/07/2026

Authorities have issued a disposal prohibition on a SGD 55 million property and laid charges against four individuals and four companies.

Cloud & Infrastructure

BNM Opens Applications for ‘Green Lane’ Fintech Sandbox

By Nithya Subramanian | 03/07/2026

The central bank is inviting financial institutions to apply for its accelerated regulatory sandbox, designed for testing innovative solutions.

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.