Anti-Money Laundering

PEPs & Sanctions

US Sanctions China, Hong Kong Firms in Iran Oil Trade Crackdown

By Manesh Samtani | 04/05/2026

The US targeted a Chinese oil terminal and numerous Hong Kong-based front companies, while issuing new warnings on sanctions evasion, digital assets, and maritime risks.

Anti-Bribery & Corruption

Bangladesh FIU Mandates Anti-Corruption Pledges for Bank Leadership

By Nithya Subramanian | 04/05/2026

The FIU requires bank directors and executives to sign and display written undertakings to combat corruption and bolster governance.

Payments & Settlements

Indonesia and China Launch Cross-Border QR Payments

By Nithya Subramanian | 03/05/2026

The linkage between Indonesia’s QRIS and Chinese payment systems aims to boost local currency settlement and deepen regional financial integration.

Fraud, Scams & Cybercrime

Indonesian Agritech Founder Jailed in USD 300 Million Fraud Case

By Manesh Samtani | 03/05/2026

The verdict concludes a high-profile scandal that has triggered widespread scrutiny over due diligence standards in Southeast Asia’s venture capital markets.

Anti-Money Laundering

Thailand Launches 23-Agency AML Drive Against Nominee Firms

By Nithya Subramanian | 01/05/2026

A new multi-agency pact will see business registration data linked with police and banking information to tackle economic crime and the use of nominees.

Anti-Money Laundering

FSS Korea Imposes New Rules on Payment Gateway Virtual Accounts

By Editors | 01/05/2026

Payment gateway firms will be required to conduct customer due diligence and monitor merchants to curb money laundering and fraud.

Anti-Money Laundering

Hong Kong to Expand AML Information Sharing Platform to All Retail Banks

By Sanday Chongo Kabange | 30/04/2026

The FINEST platform will be rolled out to all 28 retail banks by June 2026, as part of a wide-ranging regulatory agenda unveiled by the HKMA.

Fraud, Scams & Cybercrime

Singapore Charges 15 for Sharing Singpass Details to Create Shell Companies

By Nithya Subramanian | 30/04/2026

The individuals allegedly sold their national digital identity credentials to a criminal syndicate, facilitating the creation of shell companies and fraudulent work pass applications.

Anti-Money Laundering

Vietnam Sets Out AML/CFT Action Plan Ahead of APG Review

By Sanday Chongo Kabange | 30/04/2026

The plan aims to overhaul Vietnam's legal framework and enforcement effectiveness in preparation for its 2028 APG mutual evaluation.