Anti-Money Laundering

Fraud, Scams & Cybercrime

INTERPOL Targets Illicit Finance, Scam Centres in New Global Strategy

By Manesh Samtani | 01/12/2025

Global police body unanimously approves five-year plan with new tools to trace criminal assets and disrupt human trafficking-fuelled fraud.

Structural Regulation

Australia Passes Omnibus Bill to Amend Beneficial Ownership, Adviser Education Rules

By Sanday Chongo Kabange | 01/12/2025

The wide-ranging law introduces new derivative disclosure rules, fixes a key financial adviser education pathway, and extends small business support.

Cryptocurrency

Vietnam Proposes Penalties for Trading Crypto on Unlicensed Platforms

By Nithya Subramanian | 01/12/2025

The Ministry of Finance has proposed a new decree imposing fines of up to VND 200 million on individuals and firms trading digital assets on unlicensed platforms.

PEPs & Sanctions

Korea Targets Prince Group in Largest Ever Sanctions Package

By Manesh Samtani | 28/11/2025

The measures freeze domestic assets, including crypto, of 147 entities and individuals, mirroring recent US and UK actions against Cambodia-based operations.

Anti-Money Laundering

Philippine Lawmaker Files Bill to Grant AMLC Wider Powers

By Sanday Chongo Kabange | 28/11/2025

A new Senate bill aims to expand the financial intelligence unit's powers and scope to combat complex financial crime and avoid potential FATF greylisting.

Anti-Money Laundering

India’s Enforcement Directorate Arrests Company Founders in Gaming Crackdown

By Nithya Subramanian | 28/11/2025

The authorities allege illegal gaming operations, algorithmic rigging and laundering of funds through offshore entities as part of a probe into gaming platforms.

Anti-Money Laundering

Hong Kong SFC Issues AML Warning as JFIU Prepares New STR Platform

By Sanday Chongo Kabange | 28/11/2025

The SFC has detailed expected controls to combat layering via brokerages and virtual assets, as HKPF prepare to launch a new system for reporting suspicious transactions.

Tokenisation

BIS Warns of Rising Risks as Tokenised Money Market Funds Surge

By Nithya Subramanian | 28/11/2025

The BIS says fast-growing tokenised money market funds, now central to DeFi, mirror and may amplify liquidity and compliance risks seen in stablecoins and traditional MMFs.

Anti-Money Laundering

EY Launches Risk Lab to Help FIs Tackle Surging Compliance Demands

By Manesh Samtani | 28/11/2025

The new lab will co-create technology solutions with clients, focusing on non-financial risks like financial crime amid tightening regional regulations.