AML / KYC

Fintech / Regtech

BSP to Impose Biometric Checks, Daily Caps on Gambling Payments

By Editors | 09/08/2025

New rules will require banks and e-wallets to implement stricter identity verification, transaction limits, and other controls to mitigate gambling-related financial harm.

Fintech / Regtech

Taiwan to Mandate Data Sharing Between Banks and Crypto Firms

By Editors | 08/08/2025

The FSC will amend laws to create a joint inquiry mechanism, allowing real-time monitoring of suspicious cash and cryptocurrency flows.

Enforcement

ASIC Charges Four for Laundering Scam Proceeds via Crypto

By Manesh Samtani | 08/08/2025

ASIC alleges a former barrister and three others laundered proceeds from a sophisticated fake bond scam through offshore and crypto accounts.

AML / KYC

Taiwan FSC Reorganises Banking Bureau to Bolster Systemic Risk Oversight

By Editors | 08/08/2025

The regulator has reassigned duties to centralise macroprudential supervision and bring leasing firms under a new consumer protection and AML remit.

Crypto / Digital Assets

Vietnam Submits Crypto Exchange Pilot Plan for Politburo Approval

By Editors | 08/08/2025

The finance ministry has finalised its proposal for a regulatory sandbox, which could launch as early as this month with a limited number of private-sector exchanges.

Enforcement

Chinese Regulators Impose Over ¥30M in Fines on Bank of Shanghai

By Mark Johnston | 07/08/2025

The PBOC and NFRA imposed fines on the bank over AML-related and other failures. 15 managers also held individually accountable.

AML / KYC

AUSTRAC Calls on Inactive Remittance Firms to De-register

By Sanday Chongo Kabange | 07/08/2025

AUSTRAC has told inactive remittance firms to cancel their registration or be forced out, citing risks that dormant businesses can be bought and used by criminals.

AML / KYC

Proliferation Financing: Winding Back the ‘Doomsday Clock’ Across APAC

By Nathan Lynch | 07/08/2025

APAC businesses face a daunting task complying with the new FATF proliferation financing rules, but help is at hand, writes Nathan Lynch.

Fintech / Regtech

Malaysia Anti-Scam Efforts Helping Boost Public Awareness: Survey

By Nithya Subramanian | 07/08/2025

A survey of customers found that 76% of respondents were satisfied with their banks' effectiveness in safeguarding them from scams.