Cliff Lim, Director of Risk & Compliance for Southeast Asia at Dow Jones, explains how transnational scam networks and money laundering operations exploit gaps in cross-border regulations. His insights underscore the urgent need for stronger government-to-government (G2G) cooperation and greater regulatory harmonisation to keep pace with kingpins and scammers who increasingly take advantage of digital finance systems.

Image Credit: Shutterstock.com

Produced by: Tun Hizami Hashim

Presented by: Wong Shou Ning, Elaine Boey

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Categories:  corruption,  controversies

Tags:  transnational scam,  financial crime,  money laundering,  regulation,  policies,