Anti-Money Laundering

Anti-Money Laundering

Singapore Police Arrests Superyacht Captain in Prince Group Probe

By Sanday Chongo Kabange | 23/12/2025

The arrestee was the captain of a superyacht owned by Chen Zhi, a Cambodian tycoon who allegedly masterminded one of Asia’s largest transnational criminal organisations.

Anti-Money Laundering

Taiwan FSC Directs Banks to Bolster Anti-Fraud and AML Measures

By Manesh Samtani | 23/12/2025

The FSC has directed banks to improve transaction monitoring, establish rapid complaint channels, and protect staff from unreasonable customer demands.

Fraud, Scams & Cybercrime

Taiwan FSC to Target Fraud, VASP Risks in 2026 Examinations

By Sanday Chongo Kabange | 22/12/2025

The examinations plan for 2026 signals a heightened focus on financial crime and mis-selling, while introducing key new requirements for VASPs and cloud security.

Anti-Money Laundering

Taiwan Discloses Crypto Holdings Seized from Criminal Cases

By Manesh Samtani | 22/12/2025

Officials confirm the Taiwan government is holding approximately TWD 1.3 billion worth of cryptocurrency seized in criminal cases.

Anti-Money Laundering

Korea, Oman Sign Pact to Combat Illicit Finance and Crypto Crime

By Editors | 19/12/2025

The agreement between the two nations' FIUs aims to enhance information sharing on money laundering and terrorist financing.

Structural Regulation

Australian Regulators Unveil Roadmap to Cut Financial Sector Red Tape

By Sanday Chongo Kabange | 19/12/2025

A multi-agency plan details over 50 commitments to simplify rules, streamline data reporting, and reduce compliance burdens for FIs.

Anti-Money Laundering

Indonesia FIU Pushes for ‘Adaptive Oversight’ to Combat Complex Financial Crime

By Editors | 19/12/2025

Regulators call for a shift from administrative compliance to outcome-based supervision to tackle evolving threats like cyber-attacks and crypto risks.

Fraud, Scams & Cybercrime

Singapore Charges Samtrade FX Executives Over ‘Copy Trading’ Scheme

By Mark Johnston | 19/12/2025

Three top executives face court over alleged conspiracy to tilt bid-ask spreads and launder millions in proceeds.

Anti-Money Laundering

Philippines House Approves Bill to Amend Bank Secrecy Law

By Sanday Chongo Kabange | 19/12/2025

The bill grants the BSP new supervisory authority to examine bank deposits in cases of suspected fraud.