AML / KYC

AML / KYC

RBI to Introduce Compensation Framework for Digital Payment Fraud

By Nithya Subramanian | 09/02/2026

The RBI plans a compensation framework for small-value digital frauds and will issue draft rules to tighten oversight of mis-selling and loan recovery agents.

Market Infrastructure

UK and China Deepen Financial Cooperation on CCPs, Market Access

By Manesh Samtani | 09/02/2026

Regulators agree to develop a CCP supervision MoU and explore a ‘Wealth Connect’ scheme in a new bilateral working group.

Enforcement

Chinese Illicit Crypto Marketplace Thrives Despite Crackdown - Report

By Manesh Samtani | 09/02/2026

TRM Labs report shows the Chinese-language service Xinbi Guarantee adapted to enforcement by migrating platforms.

Enforcement

Malaysia’s Agrobank Loses MYR 203.8m in Major Online Fraud Case

By Nithya Subramanian | 06/02/2026

Authorities have arrested 47 individuals in connection with the fraud. Three have been formally charged while investigations continue.

AML / KYC

Korea to Grant FIU Powers to Freeze Accounts in AML Overhaul

By Mark Johnston | 06/02/2026

The plan will also expand the crypto “travel rule”, impose AML duties on stablecoin issuers, and target lawyers and accountants to meet FATF standards.

Securities / Derivatives

SC Malaysia Issues Guidance on Digital Asset Broking Services

By Manesh Samtani | 06/02/2026

The new framework requires strict operational readiness, client asset protection, and third-party validation for licensed brokers.

Enforcement

Hong Kong Court Enhances Man's Sentence to Deter 'Puppet Accounts'

By Editors | 06/02/2026

The court approved a police application for a harsher penalty, signalling a tougher stance on the abuse of personal bank accounts for illicit activities.

Enforcement

US Jails Chinese National for 'Pig Butchering' Crypto Laundering Scheme

By Editors | 05/02/2026

Jingliang Su was sentenced to nearly four years for laundering funds from scams run from Cambodian centres through the Bahamas using Tether.

AML / KYC

Sri Lanka President Orders Action on AML Deficiencies to Avoid 'Grey List'

By Editors | 05/02/2026

President orders urgent action on legal and staffing shortfalls ahead of a critical FATF evaluation to avoid being placed back on the "grey list".