AML / KYC

Enforcement

Hong Kong Court Jails Four in Taiping Life Commission Scam

By Mark Johnston | 12/06/2025

HKD 4.6 million in commission and bonuses were paid out despite policyholders never signing application forms or paying premiums.

Fintech / Regtech

Japan FSA Approves Sony Bank PoC to Test DeFi Services Model

By Thisanka Siripala | 12/06/2025

The project will explore whether automated market makers on public blockchains can comply with Japanese KYC and AML rules.

AML / KYC

Japan FSA Highlights Increase in Internet Banking Fraud

By Editors | 12/06/2025

FSA released data on the state of fraudulent activity involving banking services, highlighting increased internet banking fraud and compensation trends.

AML / KYC

Data Silos Must Fall to Combat Converging Financial Crime Types: Experts

By Manesh Samtani | 12/06/2025

More collaboration is needed as typologies collide, financial crime experts said at a roundtable hosted by Quantexa and Regulation Asia.

AML / KYC

Taiwan Digital ID System Faces Scrutiny Over Security Flaws

By Editors | 12/06/2025

A lawmaker has called out the government’s response to the abuse of Taiwan’s digital ID system as inadequate.

AML / KYC

INTERPOL Operation Nets 20,000 Malicious IPs Targeting Financial Data

By Editors | 12/06/2025

Operation Secure targeted infostealer malware, disrupting cybercriminal infrastructure across Asia and leading to arrests and server seizures.

AML / KYC

China’s NFRA Proposes Rules for “Severely Dishonest Entity” List

By Manesh Samtani | 11/06/2025

FIs will be able to use the list of “severely dishonest entities” to inform lending, insurance, or investment decisions.

AML / KYC

Australian Sanctions Office Provides Guidance for High-Risk Sectors

By Nathan Lynch | 11/06/2025

The ASO released extensive guidance for those operating in high-risk sectors, including crypto, DeFi and remittance companies.

AML / KYC

Vietnam Set to End Central Bank’s Monopoly on Gold Imports

By Nithya Subramanian | 11/06/2025

Vietnam will allow qualified businesses to legally import gold, which could help to curb smuggling, enhance AML compliance, and stabilise domestic prices.