KYC & CDD

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.

Payments & Settlements

India's Digital Stack: Turning Data Into Dollars for Asia's Unbanked

By Nathan Lynch | 27/11/2025

India's open-source tech stack has delivered bank accounts to almost a billion people, a model that Asia's emerging markets can emulate in their quest to foster financial inclusion and fight financial crime.

Anti-Money Laundering

Korea Tightens AML Requirements to Combat Transnational Crime

By Mark Johnston | 26/11/2025

FIs are directed to strengthen oversight over offshore units, and KoFIU is introducing a mass suspicious transaction reporting mechanism.

Anti-Money Laundering

Singapore Widens Probe into Prince Group, Raids Car Leasing Firm

By Nithya Subramanian | 26/11/2025

Authorities have expanded a money-laundering investigation linked to Cambodian tycoon Chen Zhi, targeting a local car-leasing firm in new raids and arrests.

Anti-Money Laundering

Thailand Cracks Down on Illicit Finance, Nominee Shareholders

By Sanday Chongo Kabange | 26/11/2025

Thailand will impose new reporting, KYC, and in-person verification rules to combat grey capital flows and the use of nominee shareholders and money mules by criminal enterprises.

Fraud, Scams & Cybercrime

Australia Regulator Fines Optus for Breaching Anti-Scam Rules

By Sanday Chongo Kabange | 25/11/2025

The penalty follows failures in identity verification processes that allowed scammers to access customer bank accounts, the communications authority said.

Cryptocurrency

South Korea's Naver Seeks Approval to Acquire Dunamu, Upbit

By Mark Johnston | 24/11/2025

The tech giant is seeking regulatory clearance to acquire Dunamu via an equity swap, and to integrate Korea's largest crypto exchange with its digital payments infrastructure.

Anti-Money Laundering

AML/CFT Officials Discuss FATF Work to Promote Financial Inclusion

By Manesh Samtani | 24/11/2025

The FATF is encouraging simplified measures for low-risk customers and clarifying that over-compliance is counterproductive.

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.