Anti-Money Laundering

Anti-Money Laundering

Banks Must Sharpen AI to Outmanoeuvre Money Mules: Experts

By Manesh Samtani | 02/06/2025

Financial crime experts discuss the challenges of identifying money mules, highlighting the need for dynamic AI and integrated strategies.

Cryptocurrency

MAS Tightens Grip on Crypto Firms Serving Overseas Clients

By Manesh Samtani | 02/06/2025

MAS finalises rules imposing strict licensing and compliance standards on Singapore-based digital token service providers serving overseas investors.

Anti-Money Laundering

AUSTRAC Chief Vows Tough Enforcement as AML/CTF Net Widens

By Nathan Lynch | 02/06/2025

As Australia expands its AML/CTF regime, Brendan Thomas warns of strict action against businesses that ignore obligations and enable financial crime.

Anti-Money Laundering

ASIC Sues Former Blockchain Global Director Over ACX Exchange Collapse

By Editors | 01/06/2025

ASIC sues ex-Blockchain Global director over alleged mismanagement leading to ACX Exchange collapse and A$20mn in customer losses.

Cryptocurrency

Thailand to Block Crypto Platforms Under New Tech Crime Law

By Editors | 30/05/2025

The action follows the enactment of a new law which provides regulators powers to block unauthorised digital assets platforms.

Fraud, Scams & Cybercrime

Vietnamese Woman Arrested in Thailand over Alleged Crypto Fraud

By Editors | 30/05/2025

Ngo Thi Theu faces charges for her involvement in a crypto investment fraud that employed call centres in Vietnam and Cambodia.

Structural Regulation

Hong Kong Passes Bill to Implement Global Minimum Tax

By Editors | 30/05/2025

The new legislation will ensure that large multinational enterprises pay a minimum tax rate of 15% in Hong Kong from 2025.

KYC & CDD

New Zealand Issues Guidance on Customer Risk Ratings

By Sanday Chongo Kabange | 30/05/2025

The DIA’s guidance is intended to help reporting entities establish customer risk-rating systems as required under domestic AML laws.

Anti-Money Laundering

AUSTRAC Orders Compliance Audits for Two Australian Casinos

By Editors | 30/05/2025

The auditors will assess each casino’s compliance with AML/CTF laws and regulations. AUSTRAC will decide on further action based on the findings.