AML / KYC

AML / KYC

Philippines Mandates Development of New National AML Strategy

By Sanday Chongo Kabange | 20/02/2026

A presidential directive orders all government agencies to help draft a new national strategy for 2026-2030 and prepare for the next mutual evaluation in 2027.

Enforcement

Korean AML Regulator Loses Court Appeal Over Crypto Fine

By Manesh Samtani | 20/02/2026

A Seoul court has rejected KoFIU's appeal over a KRW 2 billion fine in a ruling that has broader implications on larger case involving Upbit.

AML / KYC

Philippines Identifies Cybercrime and Swindling as Top Illicit Finance Threats

By Mark Johnston | 19/02/2026

STR analysis identifies the US, Australia, and the UK as the top source countries for inward remittances tied to child exploitation.

Fintech / Regtech

India Notifies New IT Rules to Regulate AI and Tackle Deepfakes

By Nithya Subramanian | 18/02/2026

New IT rules require social media and other intermediaries to label AI-generated content and remove unlawful posts, including deepfakes, within three hours.

Enforcement

Louis Vuitton Fined in Dutch AML Case Linked to China Resale Scheme

By Manesh Samtani | 17/02/2026

The luxury brand's Dutch arm will pay €500,000 for failing to prevent a scheme that used 'Daigou' trade to launder illicit funds.

Fintech / Regtech

Korea Deploying AI and Nvidia GPUs to Combat Crypto Manipulation

By Manesh Samtani | 17/02/2026

The FSS is upgrading its VISTA surveillance platform in response to a surge in suspicious transactions and illegal cross-border remittances.

Fintech / Regtech

Malaysia: MyDigital ID Partners Banks, Fintechs to Roll Out Digital Verification

By Nithya Subramanian | 17/02/2026

MyDigital ID has partnered with 15 banks and fintech firms to integrate real-time e-verification into onboarding and transactions to combat digital fraud.

Enforcement

Pakistan, Sri Lanka to Forge Joint Strategy on Cybercrime, Financial Fraud

By Editors | 17/02/2026

The two nations have agreed to enhance security cooperation and conduct joint law enforcement training to combat transnational criminal mafias.

Fintech / Regtech

Claws of Crime: Local AI Agents Pose Fresh Threat for AML/CTF Teams

By Nathan Lynch | 17/02/2026

Locally run AI agents like OpenClaw, operating beyond cloud guardrails on cheap hardware, risk unleashing a cottage industry of sophisticated financial crime.