Anti-Money Laundering

Fraud, Scams & Cybercrime

Thai Authorities Seize Millions in Raids on Forex Scam Network

By Editors | 19/06/2026

A multi-agency operation has frozen bank accounts and impounded luxury assets, with the network suspected of links to political figures.

KYC & CDD

Hong Kong Passes Bill to Bolster Tax Transparency Rules

By Sanday Chongo Kabange | 19/06/2026

The new law mandates registration for FIs, enhances record-keeping, and raises penalties to align with global tax transparency standards.

KYC & CDD

US Regulators Propose Bank-Style KYC Rules for Stablecoin Issuers

By Manesh Samtani | 19/06/2026

Proposal would require stablecoin issuers to establish formal customer identification programmes, aligning with existing BSA obligations for banks.

Structural Regulation

Taiwan to Expand Asset Management Pilot Schemes and Sandbox

By Sanday Chongo Kabange | 18/06/2026

The FSC will extend its Kaohsiung asset management sandbox and plans to roll out successful pilot schemes nationwide from Q3.

Fraud, Scams & Cybercrime

Interpol Warns of 'Weaponised' Compliance as Cybercrime Surges

By Manesh Samtani | 18/06/2026

New report warns that sophisticated cybercriminals are now weaponising regulatory obligations to extort financial firms and using AI to bypass identity controls.

Anti-Money Laundering

Korean Police Arrest 23 in Cambodia-Linked Crypto Laundering Case

By Nithya Subramanian | 18/06/2026

Authorities linked more than 11,300 accounts to phishing and investment scams as part of a wider crackdown on crypto-enabled financial crime.

Custody & Infrastructure

New Report Urges Risk-Based Regulation for Self-Custody Wallets

By Manesh Samtani | 17/06/2026

New GDF report finds minimal illicit use of self-custody wallets and calls on policymakers to focus on regulated touchpoints, highlighting Singapore’s framework as a model.

CBDCs

China Readies Commercial Launch of mBridge CBDC Platform

By Mark Johnston | 17/06/2026

The multi-CBDC payment platform is readying for commercial launch as 26 banks join China’s official cross-border digital yuan settlement network.

Fraud, Scams & Cybercrime

Hong Kong Police Dismantle Syndicate in HKD 4.3 Million Pension Fraud

By Editors | 16/06/2026

16 people arrested in operation that uncovered a scheme that used forged documents and the new eMPF platform to illegally withdraw retirement funds.