Anti-Money Laundering

Fraud, Scams & Cybercrime

US Seizes $580m in Crypto from Southeast Asian Scam Networks

By Mark Johnston | 02/03/2026

A US task force has seized millions in cryptocurrency from transnational crime syndicates orchestrating investment frauds across Southeast Asia.

Fraud, Scams & Cybercrime

Commonwealth Bank Investigates Suspected Loan Fraud, Cites AI Use

By Sanday Chongo Kabange | 02/03/2026

CBA has filed reports to police and regulators over fears that doctored applications, some using AI, were used to obtain loans.

Anti-Money Laundering

Japan FSA Admits Hitachi-Led Crypto AML Project into Sandbox

By Sanday Chongo Kabange | 02/03/2026

A consortium of financial and tech firms will test a collaborative information-sharing framework to combat money laundering involving crypto-assets.

Payments & Settlements

Australia Making ‘Gradual Progress’ on G20 Payment Goals, RBA Says

By Sanday Chongo Kabange | 01/03/2026

New report details mixed results on cost and speed targets, highlighting upcoming regulatory changes for AML/CTF and payment service providers.

Fraud, Scams & Cybercrime

Korea Reports Voice Phishing Decline, Pivots to Fight New Digital Scams

By Nithya Subramanian | 27/02/2026

For four consecutive months, financial losses have dropped, but authorities are now targeting fraud on social media and messaging apps.

Supervision & Enforcement

BNM Fines KAF Investment Bank Over Foreign Exchange Breach

By Nithya Subramanian | 27/02/2026

KAF IB failed to obtain approvals for foreign currency transactions exceeding regulatory limits, highlighting the importance of compliance with foreign exchange rules.

Anti-Money Laundering

Australian Advice Bodies Seek Additional Guidance on New AML/CTF Rules

By Sanday Chongo Kabange | 27/02/2026

The FAAA and SMSF Association have told AUSTRAC that unclear definitions for reporting groups and inequitable due diligence arrangements risk undermining upcoming AML reforms.

Anti-Money Laundering

KoFIU Unveils Plan to Reform AML Training for Financial Firms

By Sanday Chongo Kabange | 25/02/2026

KoFIU said it will shift focus from training hours to practical skills, introducing new certification systems and sector-specific courses.

PEPs & Sanctions

Binance Facing US Probe After Reports of Iran-Linked Transactions

By Manesh Samtani | 25/02/2026

Binance is fighting "defamatory" media reports while facing a new US Senate inquiry into its compliance and alleged ties to sanctioned entities.