Anti-Money Laundering

Anti-Money Laundering

Korea to Revamp AML Rules to Target FIs With Weak Controls

By Editors | 26/12/2025

KoFIU will introduce penalties for weak controls and incentives for certified staff in its 2026 evaluation programme.

Anti-Money Laundering

Philippines House Passes Bill to Amend Bank Secrecy

By Editors | 26/12/2025

The measure grants the central bank powers to examine accounts in corruption cases, aligning with international AML standards.

Fraud, Scams & Cybercrime

India Seeks Global Asset Freeze in Alleged INR 50 bn Forex Fraud

By Editors | 26/12/2025

Authorities have issued an Interpol notice and are coordinating with the FBI and Europol in a probe into unauthorised trading platform OctaFX.

Anti-Bribery & Corruption

Five Eyes Partners Jointly Issue Foreign Bribery Guidance

By Editors | 26/12/2025

International taskforce releases a consolidated list of indicators to help FIs and businesses identify and report corruption.

Stablecoins

Chinese Academics Propose Stablecoin Pilots in Free Trade Zones

By Editors | 26/12/2025

A policy proposal suggests using ring-fenced sandboxes in Qianhai and Hainan to test stablecoins for cross-border trade settlement.

Anti-Money Laundering

Philippines SEC Overhauls Beneficial Ownership Rules to Curb Illicit Finance

By Editors | 24/12/2025

New framework sets a 20 percent reporting threshold and introduces an online registry to boost transparency and combat financial crime.

Anti-Money Laundering

Malaysia Steps Up 1MDB Probe Into Law Firm Over USD 1bn Transaction

By Editors | 24/12/2025

Investigation focuses on the firm's alleged role in diverting funds and involves cooperation with US authorities on asset recovery.

Anti-Money Laundering

Philippines Widens Asset Freeze in PHP 20.3B Flood Control Probe

By Editors | 23/12/2025

The AML has frozen over 1,100 new bank accounts, bringing the total value of restricted assets to PHP 20.3 billion.

Cryptocurrency

India Grants Regulatory Approval for Coinbase Stake in CoinDCX

By Sanday Chongo Kabange | 23/12/2025

The CCI approval follows Coinbase's recent financial intelligence unit registration as it targets a full relaunch with rupee services in 2026.