OTHER ASIA PACIFIC

AML / KYC

Cambodia Scam Industry Generates Up to $19bn Annually – Report

By Manesh Samtani | 28/05/2025

New report recommends sanctions on 28 officials and businesspeople for alleged involvement in or support of Cambodia’s scam industry.

AML / KYC

Banks and Crypto Firms Can Help to Tackle Scam Centres

By Nathan Lynch | 27/05/2025

Scam centres fuel human trafficking and money laundering, experts warn, urging banks and crypto firms to enhance AML efforts.

AML / KYC

PNG Prime Minister Issues “Firm Directive” to Avert FATF Grey Listing

By Nithya Subramanian | 27/05/2025

Prime Minister James Marape told state agencies that no excuse will be tolerated for failure to implement AML/CTF reforms.

AML / KYC

Korea, UNODC Partner to Tackle Transnational Crime

By Manesh Samtani | 25/05/2025

Korea’s National Police Agency and UNODC signed an MoU to formalise collaboration to combat transnational organised crime in Southeast Asia.

Vietnam Establishes Steering Committee to Develop IFCs

By Mark Johnston | 25/05/2025

Ho Chi Minh City would focus on traditional financial services while Danang would specialise in areas like green finance, trade facilitation, and fintech.

ESG / Sustainability

ASEAN Needs a Harmonised Carbon Market Framework: IETA

By Editors | 23/05/2025

Harmonised carbon policies across Southeast Asia can help boost private sector investment by reducing friction for carbon credit trading.

Capital / Liquidity

Vietnam to Amend Law to Improve Bad Debt Management

By Mark Johnston | 22/05/2025

The amendments aim to remove obstacles in handling bad debts and bolster the banking system’s resilience.

Market Infrastructure

Vietnam Eases Account Opening Rules for Foreign Investors

By Mark Johnston | 22/05/2025

Vietnam simplifies account opening for foreign investors, removing barriers to boost stock market liquidity and accelerate its bid for emerging market status.

Capital / Liquidity

Vietnam Orders Inspections at Banks Engaged in Gold Trading

By Nithya Subramanian | 22/05/2025

SBV ordered to take measures to stabilise domestic gold market to prevent instability in exchange rates, interest rates, and the broader monetary and financial systems.