Alipay removed more than 170,000 accounts linked to illegal activity, just days after the government issued guidance on combatting internet fraud.
April 26, 2022A new consultation paper proposes to exempt FIs that are already enrolled with AUSTRAC from registration on the DCE Register when offering digital currency exchange services.
March 16, 2022The National Police Agency and financial institutions will jointly establish a new platform that will allow real-time information exchange for use in combatting fraud.
March 1, 2022Suncity Group's Alvin Chau allegedly operated a gambling syndicate that used Macau as a base for an illegal "live web betting platform" in the Philippines, targetting customers in mainland China.
December 5, 2021Criminal groups reportedly colluded with underground banks to launder money by disguising their illegal proceeds as payments for goods.
April 19, 2021