Anti-Money Laundering

Fraud, Scams & Cybercrime

US Sanctions Cambodian Banks in Crackdown on Scam Networks

By Manesh Samtani | 24/04/2026

A Cambodian senator, two banks, and dozens of associated entities have been sanctioned for links to cyber-fraud and human trafficking operations.

Cryptocurrency

Pakistan Reverses Crypto Ban, Sets New Rules for Banks

By Nithya Subramanian | 24/04/2026

The SBP has permitted banks to service licensed crypto firms under a strict new framework for AML and operational risk.

Anti-Money Laundering

New Zealand Banks Oppose Government's AML Levies Proposal

By Sanday Chongo Kabange | 23/04/2026

The NZBA has formally objected to a government proposal that would see banks fund the vast majority of a new NZD 27 million annual AML/CFT supervisory levy.

Anti-Money Laundering

KoFIU Fines Casino Operator KRW 564 Million for AML Breaches

By Mark Johnston | 23/04/2026

KoFIU has sanctioned Kangwon Land for widespread AML/CFT deficiencies, ordering corrective action and imposing a KRW 564 million fine.

Fraud, Scams & Cybercrime

South Korean Court Jails 46 in Cross-Border Scam Ring Case

By Nithya Subramanian | 22/04/2026

The organised crime group, based in Cambodia and Thailand, defrauded around 110 victims of approximately KRW 9.4 billion.

Payments & Settlements

Japan's SBI Remit Partners Tottori Bank for DLT Remittances

By Editors | 22/04/2026

The move expands a Ripple-powered payment network to 26 institutions, targeting low-value transfers for foreign workers amid rising compliance costs for traditional systems.

Market Abuse

Korea FSS Forms Task Force to Enforce Stricter Delisting Rules

By Mark Johnston | 22/04/2026

The FSS has launched a multi-departmental unit to enforce stricter delisting rules and crack down on illegal market activities.

Anti-Money Laundering

Indonesia to Bolster Use of Non-Conviction Forfeiture Against Cybercrime

By Manesh Samtani | 22/04/2026

The FIU has highlighted the tool as key to tackling an "enforcement gap" amid rising online fraud and hacking.

Anti-Money Laundering

South Korea, US to Bolster AML Cooperation in Asia-Pacific

By Editors | 21/04/2026

Finance chiefs finalised a critical minerals framework and shared concerns over won volatility, while FIUs agreed to enhance information sharing to combat illicit finance.