Anti-Money Laundering

Fraud, Scams & Cybercrime

South Korea's Anti-Voice Phishing Crackdown Shows Early Success

By Manesh Samtani | 31/12/2025

Fraud losses have fallen in recent months following a government crackdown that includes new liability rules for financial firms and enhanced detection platforms.

Anti-Money Laundering

Thailand: BOT, AMLO Tighten Scrutiny on Gold Trading Amid Baht Pressure

By Sanday Chongo Kabange | 31/12/2025

A new task force will target UBOs and suspicious online activity to curb money laundering risks and currency strength.

Anti-Money Laundering

New BSP Paper Argues Against Demonetisation to Fight Crime

By Manesh Samtani | 31/12/2025

Discussion paper calls demonetisation a "blunt instrument" and urges broader institutional reforms to fight financial crime.

Anti-Money Laundering

Korea to Freeze Accounts in New Illegal Lending Crackdown

By Sanday Chongo Kabange | 30/12/2025

The FSC unveils victim support programme and new powers for financial institutions to block accounts used for illicit loans.

Anti-Money Laundering

South Korea to Expand Crypto AML ‘Travel Rule’ to Small Transfers

By Manesh Samtani | 30/12/2025

Regulators have launched a taskforce to close a ‘smurfing’ loophole and align the country’s AML framework with global standards.

Anti-Money Laundering

China Cracks Down on Hidden Debt, Orders Banks to Tighten LGFV Lending

By Sanday Chongo Kabange | 29/12/2025

An official audit has revealed illicit financing practices, prompting new rules for banks and stricter oversight on local government debt.

Fraud, Scams & Cybercrime

Thailand Targets Nominee Firms, Money Mule with New Registration Rules

By Sanday Chongo Kabange | 29/12/2025

The new measures, effective 1 January 2026, aim to tackle rising financial fraud by tightening company registration and leveraging inter-agency data.

Fraud, Scams & Cybercrime

Singapore Set to Introduce Mandatory Caning for Scam Offences

By Sanday Chongo Kabange | 29/12/2025

New laws effective 30 December will impose mandatory caning for scammers and discretionary caning for money mules to deter surging fraud.

Anti-Money Laundering

North Korean Operative Laundered Stolen Crypto via Global Banks, US Alleges

By Editors | 28/12/2025

Indictments claim Sim Hyon-sop used a complex network involving brokers and shell companies to evade sanctions and process funds.