Anti-Money Laundering

Anti-Money Laundering

AUSTRAC Warns Payment Platforms Over Child Exploitation Risks

By Sanday Chongo Kabange | 20/11/2025

AUSTRAC is urging firms to leverage its guidance to detect and report illicit payments for abuse material.

Anti-Money Laundering

Indonesia’s OJK Standardises Account Management in Commercial Banks

By Nithya Subramanian | 20/11/2025

The new regulation introduces strict governance and oversight requirements for bank account management, tightening controls on inactive accounts to prevent fraud and boost trust.

Anti-Money Laundering

India Remands University Founder in Money Laundering, Terror Finance Probe

By Manesh Samtani | 19/11/2025

The investigation is part of a multi-agency probe that intensified after a terror blast in Delhi on 10 November that killed more than a dozen people.

Anti-Money Laundering

India Links 27 Crypto Exchanges to ‘Coin Laundry’ Scam

By Nithya Subramanian | 19/11/2025

The laundering network used fake investment apps, mule accounts and rapid crypto conversions to move INR 6.23 billion through 27 exchanges undetected.

Fraud, Scams & Cybercrime

The Great Bitcoin Freeze: How the DOJ Snatched $15bn from a Cambodian Crypto Empire

By Nathan Lynch | 19/11/2025

Amid the excitement about the DOJ's record $15bn bitcoin seizure from Prince Group one question still remains unanswered: how did US authorities obtain assets held in cryptographically secure cold storage wallets?

Anti-Money Laundering

Korea Customs Service Targets Crypto, Trade Finance in New Crackdown

By Mark Johnston | 19/11/2025

KCS launches special taskforce to block illicit funds from transnational crime, focusing on crypto and TBML.

Anti-Money Laundering

AUSTRAC Unveils New Platform to Modernise Financial Crime Reporting

By Manesh Samtani | 19/11/2025

The new AUSTRAC Online portal aims to simplify compliance for over 17,000 regulated businesses, concluding a multi-year systems transformation.

Anti-Money Laundering

Japan Sets New Rules for Donations Using Prepaid Instruments

By Manesh Samtani | 18/11/2025

New framework enables donations via prepaid payment instruments to limited recipients, seeking to balance fraud prevention with the need for innovation.

Anti-Money Laundering

Taiwan FSC Fines Six Virtual Asset Firms for AML Breaches

By Manesh Samtani | 18/11/2025

Regulatory inspections of virtual asset providers uncovered widespread failings in customer due diligence, transaction monitoring, and data security.