Anti-Money Laundering

Anti-Money Laundering

South Korean Court Halts Bithumb's Six-Month Business Suspension

By Mark Johnston | 05/05/2026

A Seoul court has granted an injunction against a partial business ban, escalating a legal battle between regulators and major cryptocurrency exchanges over AML rules.

Anti-Money Laundering

India’s ED Pivots to Crypto and Cybercrime Amid Enforcement Surge

By Editors | 05/05/2026

The Enforcement Directorate is shifting its focus to crypto and cybercrime, following a sharp increase in enforcement actions in the 2025-26 financial year.

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.