AML / KYC

Fintech / Regtech

Taiwan Launches Digital ID Hub with Seven Banks to Streamline Services

By Editors | 03/10/2025

New central platform allows customers to use a single digital identity across different banks, insurers, and securities firms.

Enforcement

India to Block 25 Offshore Crypto Platforms for AML Non-compliance

By Mark Johnston | 03/10/2025

FIU-IND has ordered the blocking of platforms including CEX.IO, BitMex, and Poloniex for regulatory non-compliance.

Enforcement

Philippines Freezes More Assets, Signs New Pact in Widening Graft Probe

By Mark Johnston | 02/10/2025

Regulators have frozen assets worth PHP 2.9 billion and formalised cooperation with a new anti-graft body.

AML / KYC

Singapore Court Blocks 1MDB Liquidators from Suing Banks Over Pre-2018 Deals

By Nithya Subramanian | 02/10/2025

The court dismissed attempts by 1MDB liquidators to claw back funds from Standard Chartered and BSI, citing a legal cut-off that excludes transactions predating the city-state’s 2018 insolvency law.

Sanctions

US Hits Iran's Military Tech Supply Chain With Sanctions

By Editors | 02/10/2025

New measures target entities and individuals in Asia and Europe accused of supplying Iran's missile and aircraft programmes, following the snapback of UN sanctions.

Enforcement

UK Convicts Chinese National in Record Bitcoin Laundering Case

By Editors | 02/10/2025

The conviction follows a seven-year probe and the seizure of 61,000 bitcoin, highlighting cross-border cooperation on cryptocrime and complex asset recovery questions.

AML / KYC

US Expands Export Blacklist to Cover Affiliates of Sanctioned Firms

By Manesh Samtani | 01/10/2025

A new rule automatically applies US export controls to entities 50% or more owned by blacklisted firms, increasing due diligence burdens.

AML / KYC

New Zealand Mandates Stricter Due Diligence Rules for Partnerships

By Sanday Chongo Kabange | 01/10/2025

New regulatory guidance requires financial institutions to obtain and verify detailed information on the ownership, control, and legal structure of partnership clients.

Market Infrastructure

ISO 20022 Migration Enters Final Phase with Focus on Data Quality

By Manesh Samtani | 30/09/2025

With less than two months until the end of the coexistence period for legacy MT messages, over 60% of payment messages are now in the MX format.