AML / KYC

AML / KYC

Cambodia Unveils New Financial Sector Strategy for 2025-2030

By Sanday Chongo Kabange | 23/12/2025

New five-year plan details 866 measures to bolster resilience, with a focus on digitalisation, de-dollarisation, and sustainable finance.

Sanctions

Singapore Police Arrests Superyacht Captain in Prince Group Probe

By Sanday Chongo Kabange | 23/12/2025

The arrestee was the captain of a superyacht owned by Chen Zhi, a Cambodian tycoon who allegedly masterminded one of Asia’s largest transnational criminal organisations.

AML / KYC

Taiwan FSC Directs Banks to Bolster Anti-Fraud and AML Measures

By Manesh Samtani | 23/12/2025

The FSC has directed banks to improve transaction monitoring, establish rapid complaint channels, and protect staff from unreasonable customer demands.

AML / KYC

Malaysia SC, Tax Authority Ink Pact to Tackle Complex Financial Crime

By Sanday Chongo Kabange | 22/12/2025

The agreement between the SC and IRB establishes a framework for information and intelligence sharing to combat evolving threats like market misconduct and tax evasion.

AML / KYC

Hong Kong Suspends eKYC for Pension Platform After Fraud

By Sanday Chongo Kabange | 22/12/2025

Authorities have suspended the digital verification process and launched a multi-agency review after scammers used forged IDs to steal funds via the new eMPF Platform.

Enforcement

Interpol Convenes Asian Nations to Forge Anti-Scam Centre Strategy

By Manesh Samtani | 22/12/2025

A five-day meeting brought together Cambodia, Laos, Myanmar and the Philippines to learn from regional experts and develop national strategies against fraud.

Fintech / Regtech

Taiwan FSC to Target Fraud, VASP Risks in 2026 Examinations

By Sanday Chongo Kabange | 22/12/2025

The examinations plan for 2026 signals a heightened focus on financial crime and mis-selling, while introducing key new requirements for VASPs and cloud security.

Fintech / Regtech

APAC Leads Globally in Implementing Payment System Interlinking Arrangements: BIS Survey

By Manesh Samtani | 22/12/2025

A new central bank survey highlights the region's lead in payment links, alongside global progress on ISO 20022 and non-bank access

AML / KYC

Taiwan Discloses Crypto Holdings Seized from Criminal Cases

By Manesh Samtani | 22/12/2025

Officials confirm the Taiwan government is holding approximately TWD 1.3 billion worth of cryptocurrency seized in criminal cases.