Anti-Money Laundering

Payments & Settlements

Cambodia Central Bank Announces Full Liquidation of Huione Pay

By Mark Johnston | 08/12/2025

The National Bank of Cambodia has announced the complete liquidation of payment firm Huione Pay following its licence revocation in September 2024.

KYC & CDD

India Eases KYC Process for NRIs, OCIs Joining National Pension System

By Nithya Subramanian | 08/12/2025

PFRDA has updated verification rules to simplify digital onboarding for overseas subscribers while tightening due-diligence and compliance requirements.

Anti-Money Laundering

Thai Regulators Unite to Combat Illicit Funds, Tighten Gold and Crypto Rules

By Manesh Samtani | 08/12/2025

A coordinated crackdown will impose new reporting on gold traders, stricter KYC/CDD, and amend FX rules to curb illicit financial flows.

Anti-Money Laundering

Singapore: Man Charged Over Unlicensed Cross-Border Transfers

By Nithya Subramanian | 08/12/2025

A 33-year-old former company director faces charges for allegedly using Wise and crypto platforms to scam proceeds without a valid payment services licence.

Anti-Money Laundering

Indonesia, Nigeria FIUs Agree MOU to Deepen Intelligence Sharing

By Nithya Subramanian | 07/12/2025

The partnership will deepen information sharing, joint analysis and capacity building in the fight against money laundering and terrorism financing.

Anti-Money Laundering

Singapore Blacklists Eight Firms in Money Laundering Probe

By Nithya Subramanian | 04/12/2025

The eight firms are linked to fugitives Su Binghai and Xu Haika, who evaded capture after the 'billion-dollar money laundering case' came to light in 2023.

Anti-Money Laundering

Thailand Freezes Over $300M in Assets Linked to Transnational Scam Groups

By Manesh Samtani | 04/12/2025

The action targeted securities and bank accounts linked to several interconnected networks, including Cambodia's Prince Group.

Anti-Money Laundering

Sanctioned Huione Pay Halts Operations Amid Run on Funds

By Nithya Subramanian | 04/12/2025

Cambodia’s Huione Pay has frozen withdrawals and closed branches after international sanctions sparked a cash crunch and mass customer withdrawals.

Anti-Money Laundering

Korea Tightens AML Framework to Target Crypto, Transnational Crime

By Manesh Samtani | 03/12/2025

Regulator to expand crypto travel rule, freeze suspect accounts, and extend AML duties to lawyers and accountants in a broad crackdown.