Anti-Money Laundering

Fraud, Scams & Cybercrime

Sri Lanka Becomes New Base for Asia’s Scam Networks - Report

By Nithya Subramanian | 11/06/2026

Investigators say criminal groups are relocating from Southeast Asia, exploiting visa-free travel, weak enforcement, and informal money transfer systems.

Anti-Money Laundering

CBA's New Zealand Unit Hit With Record Penalty for AML Breaches

By Sanday Chongo Kabange | 11/06/2026

ASB Bank, a subsidiary of Australia’s Commonwealth Bank, has been fined a record NZD 6.7 million for systemic anti-money laundering failures.

PEPs & Sanctions

Australia Imposes Fresh Sanctions Targeting Terrorist Financing

By Editors | 10/06/2026

New measures target three named individuals linked to Hamas and Palestinian Islamic Jihad.

Anti-Money Laundering

Malaysia Orders Multi-Agency Crackdown on Illegal Foreign Businesses

By Nithya Subramanian | 09/06/2026

Financial regulators have been ordered to scrutinise e-commerce platforms and financial transactions for money laundering as part of a nationwide enforcement action.

Supervision & Enforcement

Japan SESC Seeks Action Against Moomoo for NISA Mis-selling

By Sanday Chongo Kabange | 08/06/2026

The online broker, a unit of Futu Holdings, is cited for falsely advertising NISA-eligible products and for significant internal control and governance deficiencies.

PEPs & Sanctions

US Sanctions Target Iran Smuggling and Shadow Finance Networks

By Manesh Samtani | 08/06/2026

The US has designated entities in China and the UAE for helping Iran smuggle energy to destinations in South and East Asia, including Bangladesh.

Supervision & Enforcement

India Spearheads BRICS Push for Stronger Asset Recovery Cooperation

By Editors | 08/06/2026

New expert network will focus on informal information sharing and capacity building to trace and recover illicit assets hidden across borders.

Capital Adequacy

Indonesian Banks Call for Directed Consolidation Blueprint

By Editors | 05/06/2026

Indonesia's banking association has told a parliamentary committee that a clear, government-led roadmap with incentives is needed to drive sector consolidation.

Data Privacy

US Lawmakers Urged to Investigate Airwallex Over China Ties

By Sanday Chongo Kabange | 05/06/2026

A US national security group has called for a congressional investigation into Airwallex, citing data security risks and compliance concerns linked to the fintech's Chinese operations.