AML / KYC

Fintech / Regtech

US Signs GENIUS Act Into Law, Setting Rules for Stablecoin Issuers

By Manesh Samtani | 21/07/2025

The GENIUS Act creates a potential pathway for issuers from other jurisdictions to access the US market if their local regulations are deemed equivalent.

AML / KYC

India Post and AMFI Sign MOU on Mutual Fund KYC

By Nithya Subramanian | 21/07/2025

The MOU aims to simplify KYC verification, boosting financial inclusion and streamlining investor onboarding across India.

Enforcement

China Issues Judicial Directive to Bolster Defences Against Foreign Sanctions

By Mark Johnston | 21/07/2025

Top judicial bodies are directed to enhance their understanding of international law as part of a broader strategy to guard against foreign sanctions and long-arm jurisdiction.

Sanctions

EU Adopts 18th Sanctions Package Against Russia

By Manesh Samtani | 19/07/2025

The package targets Russia’s shadow fleet and energy revenues, as well as two Chinese banks and a Russian-owned refinery in India.

Enforcement

Cambodia Arrests Over 1,000 in Crackdown on Scam Syndicates

By Nithya Subramanian | 19/07/2025

The arrests follow a directive from Prime Minister Hun Manet targeting foreign-run scam syndicates operating in Cambodia.

AML / KYC

Egmont Group Mandates FIU Independence as Core Member Requirement

By Editors | 18/07/2025

The Egmont Group of Financial Intelligence Units will now require members to guarantee the operational independence and autonomy of their organisations.

Enforcement

Korean Lawmaker Says Upbit Faces Potential Multi-Trillion Won Fine

By Editors | 18/07/2025

A senior lawmaker has urged the regulator to impose a fine on the country's top crypto exchange for millions of alleged KYC violations.

AML / KYC

Malaysia Police Becomes Lead Agency for National Scam Centre

By Editors | 17/07/2025

The move aims to centralise and strengthen the response to online scams to speed up account freezing and return stolen money faster.

Fintech / Regtech

MAS Rolling Out Four Pronged Responsible AI Adoption Strategy

By Nithya Subramanian | 17/07/2025

Chia Der Jiun unveiled a four-pronged strategy to promote responsible AI adoption in financial services, and said MAS has completed its Quantum Key Distribution sandbox trial