Anti-Money Laundering

Anti-Money Laundering

FDIC Proposes New AML, Sanctions Rules for Stablecoin Issuers

By Manesh Samtani | 28/05/2026

The proposal would require the US banking regulator to consult with the Treasury's financial crime unit before taking enforcement actions.

Anti-Money Laundering

Australian Court Penalises Firms for Ignoring AUSTRAC AML Notices

By Editors | 28/05/2026

Two businesses have been ordered to pay significant penalties after failing to pay infringement notices related to AML/CTF reporting failures.

Cryptocurrency

Korea to Mandate Reporting for Cross-Border Crypto Transactions

By Sanday Chongo Kabange | 28/05/2026

New amendments to the Foreign Exchange Transactions Act will require virtual asset service providers to register and report all cross-border transfers to the central bank.

Cryptocurrency

Binance to Re-Enter Philippines via SEC Sandbox Partnership

By Editors | 27/05/2026

Binance is partnering with local fintech BlockShoals Technologies to operate within a regulatory sandbox, years after being blocked by authorities.

Anti-Money Laundering

AUSTRAC Updates Non-Profit Sector Terrorism Financing Risk Indicators

By Sanday Chongo Kabange | 27/05/2026

AUSTRAC has updated its risk assessment for the non-profit sector, detailing new risk signals for financial institutions.

Anti-Money Laundering

Myanmar Revamps Offshore Remittance Rules, Tightens AML Controls

By Editors | 27/05/2026

The CBM has issued new regulations for remittance firms, introducing stricter licensing requirements, enhanced AML/CFT obligations, and higher fees.

Fraud, Scams & Cybercrime

ASIC Warns of Scammers Using Fake Crypto Trading Platforms

By Editors | 27/05/2026

The regulator has issued an alert about scams luring investors through messaging apps onto fraudulent crypto-asset trading platforms that feign profits.

Anti-Money Laundering

Fed Proposes New ‘Payment Account’ for Fintechs, Sparking AML Debate

By Manesh Samtani | 26/05/2026

US Federal Reserve proposes a new type of account to widen payment system access, but the plan faces internal dissent over illicit finance safeguards.

Anti-Money Laundering

Thailand Targets Lawyers, Accountants in Nominee Crackdown

By Editors | 26/05/2026

Thai authorities are tightening the screws on professional enablers, with a multi-agency taskforce now targeting lawyers and accountants suspected of facilitating illegal nominee structures.