KYC & CDD

Data Privacy

Korea PIPC to Inspect Financial Firms on Resident ID Handling

By Editors | 02/04/2026

The move follows recent sanctions against Lotte Card and will focus on the excessive collection of personal data.

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.

Fraud, Scams & Cybercrime

Australia's 2025 Scam Losses Rose 7.8pc YoY: NASC Report

By Sanday Chongo Kabange | 01/04/2026

Report reveals latest scam loss statistics and highlights a shift by the Australian government towards a prevention-first regulatory model.

Fraud, Scams & Cybercrime

Regulatory Lag Leaves Australia Open to 'Upstream' Crime Threats

By Bradley Maclean | 31/03/2026

Senior financial crime leaders warn that while threats are increasingly global and sophisticated, domestic regulatory frameworks and information-sharing mechanisms are failing to keep pace.

KYC & CDD

Bangladesh Sets New e-KYC Framework for Insurers and Capital Markets

By Sanday Chongo Kabange | 31/03/2026

The BFIU has issued a new directive requiring a digital, biometric-based KYC process by the end of 2026.

Anti-Money Laundering

Sweeping AML/CTF Reforms Take Effect in Australia

By Manesh Samtani | 31/03/2026

The reforms expand the AML/CTF regime to lawyers, accountants and other professional and property sectors, and introduce new travel rule obligations for value transfers, including crypto.

Structural Regulation

AMCHAM Urges Regulatory Overhaul for Korea's Financial Hub Ambitions

By Manesh Samtani | 30/03/2026

New report identifies 39 regulatory divergences from global standards, urging reforms to IT, licensing, and cross-border rules.

Supervision & Enforcement

Australian Court Fines Binance Unit for Misclassifying Retail Customers

By Sanday Chongo Kabange | 30/03/2026

The penalty follows the misclassification of hundreds of retail clients as 'wholesale', leading to millions in losses on high-risk crypto derivatives.

KYC & CDD

India's PFRDA Widens Pension Distribution Network to Fintechs, Professionals

By Nithya Subramanian | 29/03/2026

The move aims to expand the reach of the NPS by allowing a broader range of entities to act as agents under existing rules.