Anti-Money Laundering

Fraud, Scams & Cybercrime

Japan to Launch System for Sharing Fraud Data in April 2027

By Manesh Samtani | 03/04/2026

The initiative aims to accelerate the freezing of accounts used for financial crimes amid record losses from scams.

Anti-Money Laundering

AUSTRAC Orders AML/CTF Audit of Payments Firm mHITs

By Sanday Chongo Kabange | 03/04/2026

AUSTRAC has ordered an external audit of mHITs Limited amid concerns its transaction monitoring is failing to manage serious risks, including child exploitation financing.

Anti-Money Laundering

Japan Finalises Stricter AML/CFT Guidelines for Financial Firms

By Manesh Samtani | 03/04/2026

Revised rules clarify requirements for risk assessments, technology adoption, and the management of outsourced functions, and will apply immediately.

Supervision & Enforcement

China Targets Offshore Trusts in Widening Tax Crackdown - Reports

By Mark Johnston | 03/04/2026

Authorities are demanding detailed financial data from wealthy individuals, creating uncertainty for Hong Kong IPOs and long-standing wealth planning structures.

Market Abuse

Bithumb Facing Scrutiny for Manipulation Incident Involve Two Crypto Tokens

By Editors | 02/04/2026

A "caged pumping" incident involving two virtual assets occurred just weeks after the FSS announced a zero-tolerance policy on market manipulation.

Fraud, Scams & Cybercrime

Cambodia Extradites Former Huione Chairman to China to Face Charges

By Manesh Samtani | 02/04/2026

Li Xiong, described as a "core backbone member" of Chen Zhi's syndicate, has been extradited to China amid allegations of money laundering and fraud.

Payments & Settlements

India Overhauls Currency Management With New Master Directions

By Editors | 02/04/2026

The RBI has issued new directives consolidating rules on counterfeit notes, exchange facilities, and a revised framework of penalties and incentives for banks.

Anti-Money Laundering

Australia Launches Public VASP Register Under Expanded AML/CTF Laws

By Sanday Chongo Kabange | 02/04/2026

New reforms introduce greater oversight of the virtual asset sector, aligning Australia’s AML/CTF framework with global standards and increasing transparency.

Cryptocurrency

Korea Proposes Rule Amendments to Strengthen VASP Governance

By Mark Johnston | 02/04/2026

Proposed amendments will tighten entry requirements for virtual asset firms and expand the scope of the AML obligations.