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AML / KYC
Nepal Mandates Immediate Sanctions Freezing for Payment Firms
By Mark Johnston | 18/08/2025
New guidelines require immediate freezing of assets and daily screening, with financial penalties up to NPR 2 million for non-compliance.

Crypto / Digital Assets
US Sanctions Russian Crypto Firm with Central Asia Links
By Manesh Samtani | 18/08/2025
The sanctions target Garantex and successor Grinex for ransomware links, with enforcement actions spanning from Europe to Asia.

AML / KYC
Indonesia Blocked Millions of Accounts in Online Gambling Crackdown
By Editors | 16/08/2025
The move, targeting dormant accounts and e-wallets to curb illicit funds, has faced public criticism over its scope and execution.

Sanctions
Russian Universities Professionalise Sanctions Evasion Training: RUSI
By Manesh Samtani | 15/08/2025
Academic institutions in Russia are now offering formal courses on how to circumvent international sanctions, using tools like cryptocurrencies.

Enforcement
BFIU Probes Three Former Central Bank Governors in Corruption Inquiry
By Mark Johnston | 15/08/2025
The FIU has ordered banks to provide account details for three former governors and six deputies at the request of the Anti-Corruption Commission.

Securities / Derivatives
Singapore's MetaComp Executes FX Payment Using Carbon Stablecoin
By Editors | 14/08/2025
The MAS-licensed firm facilitated a same-day EUR to CNH payment using a stablecoin backed by certified carbon credits.

Market Infrastructure
ISDA Urges India to Rethink Mandatory Clearing for GIFT City Derivatives
By Manesh Samtani | 14/08/2025
The industry body calls for bilateral clearing, broader issuer eligibility, and removal of strict hedging requirements.

AML / KYC
BIS Proposes 'Compliance Score' Framework for Crypto AML
By Manesh Samtani | 14/08/2025
The approach would leverage public blockchain data to assess illicit financing risks and place a 'duty of care' on crypto off-ramps.

AML / KYC
New Report Details Crypto's Role in Chinese Underground Banking
By Editors | 13/08/2025
A new report details how Chinese underground networks use cryptocurrency to launder funds for North Korean hackers, cartels, and Triads.

ESG / Sustainability
Bangladesh Draft Law Proposes Major Overhaul of Central Bank Governance
By Mark Johnston | 13/08/2025
New ordinance would see the Bangladesh Bank governor hold ministerial rank, with presidential appointment and a board free of government officials.
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