AML / KYC

Trending

Cambodia Passes Landmark Anti-Scam Law with Life Sentences

By Manesh Samtani | 02/04/2026

The new legislation introduces severe penalties for operators of online fraud centres in a bid to dismantle the country's cross-border scam industry.

Crypto / Digital Assets

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.

AML / KYC

OFAC Warns FIs on Sanctions Evasion Via Sham Transactions

By Manesh Samtani | 01/04/2026

OFAC has issued an advisory detailing red flags and compliance considerations for identifying transactions designed to obscure sanctioned ownership.

Market Infrastructure

EU Payments Strategy Targets Cross-Border Links with Asia

By Manesh Samtani | 01/04/2026

The strategy details plans for a digital euro and new rules for tokenised assets, with a significant focus on strategic autonomy.

Enforcement

Singapore Extradites Ex-Wirecard Exec to Face Fraud Charges in Germany

By Manesh Samtani | 01/04/2026

The move follows an international operation targeting a multi-million euro fraud ring that exploited the collapsed German payments firm for money laundering.

AML / KYC

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.

AML / KYC

Australia’s Financial Complaints Authority Appoints First Chief Scams Officer

By Sanday Chongo Kabange | 01/04/2026

David Lacey will lead a new multi-party dispute resolution service, holding banks, telcos and digital platforms to account under a new government framework.

Fintech / Regtech

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.

Sanctions

FinCEN Proposes Rule to Formalise Whistleblower Payouts

By Manesh Samtani | 31/03/2026

The proposed rule would offer awards to whistleblowers, including non-US persons, for tips on financial crime if they result in successful enforcement actions.