November 04 - Singapore’s new national anti-money laundering (AML) strategy introduces a comprehensive framework structured around three core pillars: Prevent, Detect, and Enforce, which collectively aim to enhance the financial sector’s ability to combat illicit money flows. According to Flagright, under the Prevent pillar, financial institutions are expected to meet increased regulatory expectations. This includes implementing stricter due diligence on high-risk clients and boosting transparency. These measures are designed to intercept illegal funds before they infiltrate the financial system, balancing the need for security with operational efficiency and customer privacy.

November 04 - At London’s annual Frieze art fair, attendees trickle into a fake sauna. Inside, a screen shows a person dressed as a pink alien in fuchsia lingerie, gyrating in an abandoned swimming pool. Thumping techno accompanies the spectacle.

November 03 - A grave allegation is brought by the executive chief of Transparency International Bangladesh (TIB) that Bangladesh Bank effectively served as a conduit for corruption, enabling widespread financial misconduct, while other watchdogs also looked on. Iftekharuzzaman, Executive Director of TIB, speaking Saturday at a seminar titled 'Odious Debt and Recovery of Bangladesh's Laundered Wealth', jointly organised by the Economic Reporters' Forum (ERF) and Sombhabonar Bangladesh, asserted that both Bangladesh Bank and the Bangladesh Financial Intelligence Unit (BFIU)-the primary institutions responsible for transparency in the financial sector-facilitated money laundering rather than curbing it.

November 02 - AS a British pensioner loses his extradition battle to face a money-laundering trial, his claims of being a secret 007-style agent for Spain will come under the spotlight. It sounds like a long-running spy novel series, each book more implausible.