AML / KYC

    AML / KYC

    Reputation and Personal Accountability: The Wider Impact of AML/CTF Breaches

    By Nathan Lynch | 15/07/2025

    Experts say holding executives personally accountable is the key to managing the deep reputational and operational fallout from AML/CTF failures.

    Enforcement

    Singapore Penalises Law Firms Over Role in Money Laundering Case

    By Editors | 15/07/2025

    MinLaw has fined two firms and referred one lawyer for disciplinary action as part of a wider crackdown on professional enablers.

    AML / KYC

    Malaysia Imposes Permit Requirement on US AI Chip Exports

    By Editors | 15/07/2025

    The move aims to close regulatory loopholes and prevent illicit trade amid US pressure to stop advanced semiconductors from reaching China.

    AML / KYC

    India Probes Binance Over Suspected Illicit Crypto Flows From Pakistan

    By Editors | 15/07/2025

    Regulators are scrutinising private wallets amid concerns over terror financing, with a focus on transactions in the Kashmir region.

    AML / KYC

    Singapore Proposes to Bar Convicted Money Launderers From Directorships

    By Editors | 15/07/2025

    The proposed legal amendments also aim to enhance the regulatory regime for accountants and reduce the compliance burden for companies.

    AML / KYC

    China NFRA Issues Sweeping New Product Suitability Rules

    By Editors | 15/07/2025

    New regulations mandate five-tier risk ratings for products and investors, with strict penalties for mis-selling, effective from February 2026.

    AML / KYC

    APG Trains New Assessors to Assist with Mutual Evaluations

    By Manesh Samtani | 15/07/2025

    The APG has trained delegates from 19 jurisdictions to strengthen the quality and consistency of FATF mutual evaluations across the Asia-Pacific.

    Enforcement

    Bangladesh Court Orders Freeze on Singapore Assets in Billion-Dollar Probe

    By Mark Johnston | 14/07/2025

    A Dhaka court has ordered the freezing of dozens of bank accounts and corporate shares in Singapore linked to Mohammad Saiful Alam and his family.

    AML / KYC

    Japan's PPP Initiatives for Financial Crime Countermeasures and AML/CFT

    By Hiroshi Ozaki | 14/07/2025

    Japan is leveraging multi-layered public-private partnerships to tackle sophisticated financial crime ahead of its 2028 FATF review.

    AML / KYC

    India's IFSCA Proposes Video-Based KYC for NRIs from Select Countries

    By Nithya Subramanian | 14/07/2025

    Video-based customer identification will be allowed for specified NRIs subject to strict checks including address verification, IP restrictions, secure data handling, and mandatory audits to safeguard against fraud.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team