Financial Action Task Force

Anti-Money Laundering

FATF Publishes Updated R.16 Standard on Payment Transparency

By Manesh Samtani | 18/06/2025

The FATF said the will help combat fraud and illicit finance, balancing security with innovation and financial inclusion.

Anti-Money Laundering

Singapore Bolsters Financial Crime Defences Ahead of FATF Review

By Manesh Samtani | 18/06/2025

Singapore is ramping up AML efforts amid rising fraud and scams, aiming for improved effectiveness ratings in the FATF assessment.

Anti-Money Laundering

SBV Revises AML Rules to Secure Exit from FATF Grey List

By Sanday Chongo Kabange | 16/06/2025

The SBV is revising its AML regulations to enhance effectiveness and facilitate Vietnam’s removal from the FATF grey list.

Anti-Money Laundering

FATF Approves New Transparency Standards for Cross-Border Payments

By Manesh Samtani | 16/06/2025

The plenary also endorsed updated financial inclusion guidance to address the issue of ‘de-risking’ and agreed to publish several other reports.

Anti-Money Laundering

HK Customs Working With HKU to Develop Crypto Tracing Tool

By Sanday Chongo Kabange | 16/06/2025

Hong Kong Customs has partnered with HKU to create a tool for tracing illicit activities involving cryptocurrencies.

Anti-Money Laundering

EU Commission Updates List of High-Risk Jurisdictions

By Manesh Samtani | 12/06/2025

Laos and Nepal were added, while the Philippines and the UAE were removed. The updated list takes into account the FATF’s work and its grey list.

PEPs & Sanctions

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.

Anti-Money Laundering

Myanmar Officials Intensify Efforts to Exit FATF Blacklist

By Nithya Subramanian | 10/06/2025

Myanmar’s Central Body on Anti-Money Laundering met as officials push to complete its FATF action plan and prepare for the 2029 mutual evaluation.

Trade Based Money Laundering

Banks Need Both Tech and Talent to Combat TBML: Experts

By Nathan Lynch | 09/06/2025

While banks are innovating to tackle TBML, the complexity of trade means they must continue to rely on human experience […]