AML / KYC

AML / KYC

FATF Establishes New Code of Conduct for Stakeholders

By Editors | 11/08/2025

The FATF has introduced a new code to ensure integrity, professionalism, and respect among all its stakeholders.

Enforcement

KoFIU Issues Warning Against Two Unregistered Crypto Firms

By Mark Johnston | 11/08/2025

KoFIU has referred KCEX and QXALX to law enforcement and warned registered firms to cease all transactions with them.

Enforcement

AUSTRAC's “Pokies” Case Holds Lessons for Compliance Teams

By Nathan Lynch | 11/08/2025

The latest civil enforcement action from AUSTRAC for alleged AML/CTF compliance breaches offers a raft of lessons for other businesses, writes Nathan Lynch.

Fintech / Regtech

KoFIU Launches Study on AML/CFT Standards for Stablecoins

By Manesh Samtani | 09/08/2025

The Financial Intelligence Unit has commissioned research to align with FATF standards ahead of the country's next phase of virtual asset legislation.

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.