KYC & CDD

Structural Regulation

Indonesia: New OJK Leadership Pledges to Restore Investor Confidence

By Manesh Samtani | 27/03/2026

The new leadership is prioritising integrated supervision and licensing as well as restoring investor confidence after recent market turmoil.

Anti-Money Laundering

Korea's Bithumb Sues Regulator to Overturn Business Suspension and Fine

By Mark Johnston | 27/03/2026

The virtual asset exchange is challenging a six-month suspension and a KRW 36.8 billion fine for alleged AML and customer due diligence failings.

KYC & CDD

Hong Kong Gazettes Bill to Enhance Tax Reporting Framework

By Sanday Chongo Kabange | 26/03/2026

The proposed amendments introduce mandatory registration for financial institutions, stricter record-keeping, and higher penalties in response to an OECD review.

Tokenisation

Japanese Lawmakers Launch Task Force to Draft On-Chain Finance Rules

By Sanday Chongo Kabange | 26/03/2026

The new LDP project team aims to create a national framework for tokenised finance, putting pressure on regulators and financial institutions.

Anti-Money Laundering

Taiwan Indicts 10 in US$1Bn Money Laundering Case Involving Macau Casinos

By Sanday Chongo Kabange | 26/03/2026

Prosecutors have charged a gambling syndicate that used credit card overpayments and casino chip purchases to move illicit funds offshore.

Supervision & Enforcement

India's HDFC Bank Turmoil Tied to Credit Suisse AT1 Losses - Reports

By Nithya Subramanian | 25/03/2026

A mis-selling scandal involving Credit Suisse bonds has triggered a leadership crisis, executive firings, and a share price plunge at HDFC Bank.

PEPs & Sanctions

Australia's Open-Source CDD Could Be Model for Asia-Pacific

By Nathan Lynch | 25/03/2026

AUSTRAC’s starter kits legitimise open-source CDD for small reporting entities, marking a possible solution for developing countries across the Asia-Pacific region.

PEPs & Sanctions

Australia Issues New Sanctions Guidance for Gatekeeper Professionals

By Sanday Chongo Kabange | 24/03/2026

New guidance outlines due diligence and reporting obligations for ‘gatekeeper’ professions, with strict liability offences effective from July 2026.

Anti-Money Laundering

Bank of Thailand Mandates Stricter Checks on Large Cash Withdrawals

By Nithya Subramanian | 22/03/2026

Financial institutions will be required to conduct enhanced due diligence on cash withdrawals of THB 5 million or more from April 2026.