Sanctions

AML / KYC

South Korea to Target Prince Group in Widening Fraud Probe

By Mark Johnston | 23/10/2025

The FSC considers restricting Prince Group amid a cross-border fraud probe, as the government pursues asset recovery and police cooperation.

Sanctions

Australia Charges Remitter, Warns Financial Sector on Sanctions

By Sanday Chongo Kabange | 23/10/2025

A Sydney man faces charges for allegedly sending AUD 650,000 to sanctioned Iranian banks, as regulators renew industry warning.

Sanctions

Multinational Sanctions Watchdog Publishes Details on DPRK Crypto Thefts

By Manesh Samtani | 22/10/2025

A multinational report outlines how North Korea launders stolen crypto, naming specific facilitators and calling for tougher financial sector controls.

Sanctions

Korean Banks in Cambodia Freeze Assets of Sanctioned Prince Group

By Manesh Samtani | 21/10/2025

Lenders acted on international sanctions against the Cambodian conglomerate, while South Korean authorities weigh their own formal measures due to diplomatic sensitivities.

Sanctions

Myanmar Scam Centres Rapidly Expanding Using Starlink - Report

By Editors | 20/10/2025

An investigation has revealed that industrial-scale scam centres in Myanmar are rapidly expanding and using Elon Musk's Starlink, prompting a US congressional probe

Sanctions

Cambodia’s Prince Bank Faces Bank Run Following US, UK Sanctions

By Manesh Samtani | 20/10/2025

A bank run has hit Cambodia’s Prince Bank and Thai authorities have launched a probe following massive US and UK sanctions against its parent group for alleged scam operations.

Sanctions

New Zealand Introduces Regulations to Re-impose Iran Sanctions

By Manesh Samtani | 17/10/2025

The regulations introduce asset freezes, a duty of vigilance, and a compulsory registration scheme for firms intending to do business with a restricted entity.

Sanctions

UK Sanctions Russian Oil Giants, Indian and Chinese Firms

By Manesh Samtani | 16/10/2025

A package of 90 new sanctions hits Rosneft, Lukoil, India's Nayara Energy and Chinese terminals in a bid to choke off Russian war funds.

Sanctions

China Imposes Export Curbs Following Dutch Takeover of Chipmaker

By Manesh Samtani | 16/10/2025

The Dutch government invoked a national security law to take control of the Chinese-owned chipmaker, prompting Beijing to block exports.