The Latest FinCrime News from South Asia
-
Analyzing Post Evaluation FATF Monitoring Progress Across Nepal And Laos
An analysis of the 2025 Asia Pacific Group reports shows critical challenges in technical compliance frameworks and the enforcement of international anti money laundering guidelines to meet FATF benchmarks.
-
Indian Police Smashes $23M Crypto Terror Financing Ring
Gujarat Police in India dismantled a massive 226 crore rupee international illicit finance transnational networks operating across global digital assets ecosystem linked to global terror funding and dark web narcotics distribution networks.
-
Pakistan Faces IMF Pressure Over Unchecked Trade Based Money Laundering
Pakistan must implement strict Trade Based Money Laundering controls to satisfy IMF requirements before the 2026-27 budget. Authorities are targeting real estate and untaxed wealth to improve global financial transparency.
-
India Mandates Unified KYC to Combat Financial Crime and Fraud
India implements a unified KYC regime to fight money laundering and fraud while protecting retail investors through a mandatory streamlined digital onboarding process under the guidance of the national securities regulator.
-
Pakistan Prime Minister Orders Prosecution in $430 Million Solar Money Laundering Case
The Pakistani government has launched a 111 billion rupee penalty crackdown against a Solar Panel Over-Invoicing Fraud Investigation involving $430 million.
-
Sri Lanka Faces High Money Laundering and Terrorism Financing Risk from Drug Trafficking
Sri Lanka Money Laundering Risks and Terrorism Financing Threats have escalated, prompting the Central Bank to issue a high alert ahead of critical international regulatory evaluations.
-
Sri Lanka intensifies AML efforts to avoid FATF grey list impact
President Dissanayake leads the Sri Lanka Third Mutual Evaluation response to avoid the economic penalties of the FATF grey list through rapid legal reforms.
-
India Fines Non-Compliant Crypto Platforms Amid Privacy Coin Ban
The Financial Intelligence Unit of India has implemented a strict Anti-Money Laundering Framework for Privacy Coins, fining non-compliant platforms up to 9.27 crore rupees to curb anonymous digital asset transactions.
-
Sri Lanka Governor Warns of Devastating 2026 Financial Integrity Review
Sri Lanka faces a high stakes anti money laundering evaluation in 2026. Failure to meet standards could lead to grey listing and severe economic consequences, according to Central Bank Governor Dr. Nandalal Weerasinghe.
-
49 Crypto Firms Now Under FIU-India Watch to Prevent Money Laundering
India has registered 49 crypto exchanges with the FIU to bolster Crypto Compliance and combat money laundering through virtual digital assets.
-
Reserve Bank of India Amends KYC Rules for Commercial Banks Effective Immediately
The RBI issued an immediate update to KYC rules for commercial banks to clarify Centralized KYC Registry responsibilities and strengthen AML oversight.
-
India and Italy Unite to Block Terror Money Networks
A joint India Italy initiative targeting terror financing enhances global disruption efforts and strengthens operational cooperation between both governments.
-
Mauritius Braces for 2027 FATF Review as Financial Crime Risks Intensify
Mauritius prepares for the 2027 FATF evaluation as financial crime risk concerns grow and the Ravatomanga matter raises questions about supervisory readiness.
-
Uzbek Student’s Crypto Donations Unmask South Korea’s Biggest Terrorism Financing Case
The South Korean terror financing case reveals how virtual assets, diaspora fundraising, and front charities merge into complex money laundering networks under modern AML scrutiny.
-
Sri Lanka Faces a Make-or-Break Moment in AML Reform
The Sri Lanka AML case reveals how persistent money laundering schemes and enforcement weaknesses threaten financial stability ahead of the 2026 FATF evaluation.
-
India Cracks Down on 25 Offshore Crypto Exchanges for Money Laundering
India’s crackdown on 25 offshore crypto exchanges highlights growing money laundering risks and shows how regulators are tightening oversight on digital assets.
Other News From South Asia
Analyzing Post Evaluation FATF Monitoring Progress Across Nepal And Laos
An analysis of the 2025 Asia Pacific Group reports shows critical challenges in technical compliance frameworks and the enforcement of international anti money laundering guidelines to meet FATF benchmarks.
Indian Police Smashes $23M Crypto Terror Financing Ring
Gujarat Police in India dismantled a massive 226 crore rupee international illicit finance transnational networks operating across global digital assets ecosystem linked to global terror funding and dark web narcotics distribution networks.
Pakistan Faces IMF Pressure Over Unchecked Trade Based Money Laundering
Pakistan must implement strict Trade Based Money Laundering controls to satisfy IMF requirements before the 2026-27 budget. Authorities are targeting real estate and untaxed wealth to improve global financial transparency.