Anti-Money Laundering

Anti-Money Laundering

Korea, Cambodia Sign Tax Info-Sharing Agreement to Fight Transnational Crime

By Sanday Chongo Kabange | 07/01/2026

The agreement focuses on strengthening information exchange to combat illegal fund transfers linked to transnational crimes and offshore tax evasion.

Fraud, Scams & Cybercrime

Singapore Court Jails Director Over Scam-Linked Shell Companies

By Nithya Subramanian | 07/01/2026

A company director has been imprisoned and fined for registering shell firms that were used to fraudulently receive more than USD 210,000 in suspected criminal proceeds from a US-based company.

PEPs & Sanctions

How a South Sudanese General Regained Control of an Australian Mansion

By Nathan Lynch | 07/01/2026

A court judgment has allowed a South Sudanese PEP to retain control of a multi-million-dollar mansion in Victoria, highlighting the challenges facing the financial intelligence community.

Anti-Money Laundering

India’s IFSCA Updates AML/CFT and KYC Framework in GIFT City

By Nithya Subramanian | 06/01/2026

The revised guidelines sharpen beneficial ownership thresholds, expanding digital KYC norms and reinforcing a risk-based compliance approach for entities operating in GIFT City and other IFSCs.

Anti-Money Laundering

Vietnam Revises Penalties Framework for Securities Rule Violations

By Sanday Chongo Kabange | 02/01/2026

New rules introduce significantly higher penalties for private placement, information disclosure, and AML violations to enhance market integrity.

Anti-Money Laundering

Korean Regulator Fines Crypto Exchange Korbit for AML Failures

By Manesh Samtani | 02/01/2026

KoFIU cited widespread customer due diligence failures, dealings with unregistered overseas platforms, and inadequate risk assessments.

Anti-Money Laundering

BNM Fines 11 Money Services Firms for Regulatory Breaches

By Editors | 02/01/2026

Bank Negara Malaysia has penalised multiple money services businesses for failures relating to AML/CDD, capital shortfalls, and reporting.

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.