AML / KYC

AML / KYC

Redlines & Key Zones: Taking Sanctions Screening Beyond Name Matching

By Editors | 13/05/2025

Ricky Butler at Dow Jones discusses the evolving challenges of sanctions compliance in a volatile geopolitical landscape.

Enforcement

Chinese Businessman Arrested in Vietnam Over $165m Fraud

By Editors | 12/05/2025

The businessman was apprehended in Vietnam and handed over to Chinese authorities after having fled China in 2023.

AML / KYC

AUSTRAC Expands Data-Sharing Alliance to Combat Emerging Scams

By Manesh Samtani | 12/05/2025

AUSTRAC’s Fintel Alliance will expand to target money muling, micro-laundering, and other evolving financial crimes.

AML / KYC

Korea to Tighten ID Checks at Lenders to Combat Voice Phishing

By Editors | 12/05/2025

Specialised credit finance companies and larger loan businesses will be required to implement stricter identity verification

Sanctions

Kraken Thwarts Attempt by DPRK Hacker to Infiltrate Company

By Manesh Samtani | 11/05/2025

Instead of alerting the applicant, Kraken strategically advanced them through the recruitment process to study their tactics.

AML / KYC

1MDB: Malaysia Seeks Extradition of Ex-Goldman Banker

By Nithya Subramanian | 09/05/2025

Malaysia has formally requested the US to extradite Tim Leissner, who pleaded guilty in 2018 to US charges linked to the 1MDB corruption scandal.

AML / KYC

Japan Securities Account Hacks Surged in April: FSA

By Manesh Samtani | 09/05/2025

The FSA data shows 4,852 cases of unauthorised account access in April, compared to 1,420 in March and just 65 in January.

AML / KYC

Project Aurora’s Vision for the Future of Financial Crime Prevention

By Bradley Maclean | 08/05/2025

Beju Shah discusses Project Aurora, which explores new ways of combatting money laundering taking a data driven approach.

Enforcement

US Settles Credit Suisse Tax Evasion Probe Involving Singapore

By Nithya Subramanian | 07/05/2025

From 2014 to 2023, Credit Suisse’s Singapore branch held over USD 2 billion in undeclared accounts for US taxpayers.