The FSA's Daisuke Mamba and Hiroshi Ozaki discuss the regulator's approach to its AML/CFT inspections and recent work to develop shared AML systems for the industry.
Top official Brad Brown discusses AUSTRAC’s ongoing work to upgrade its reporting system and further advance Australia’s AML/CTF system.
Executive Director Carmen Chu discusses the actions the HKMA is taking to disrupt AML threats to Hong Kong, and technology initiatives that are making a difference.
Research by S&P Global and Regulation Asia highlighted the rise of financial buyers as a standout trend in the domestic Chinese M&A market.
Research by S&P Global and Regulation Asia found that the quality of corporate ESG disclosure is seen to be lacking in China.
Research by S&P Global and Regulation Asia highlighted a refocus towards common prosperity type products and services, and a trend towards digital transformation.
Siddhant Sahai says a greater focus on inter-bank relationship monitoring and timely sharing of information are needed to truly address financial crime risks.
Nathan Newman says regulated entities are uplifting their AML capabilities but could do more to apply appropriate assurance to their upgrades.
New research suggests more meaningful financial crime prevention may be achieved with targeted investments in higher risk areas.
Rather than comply with new rules on beneficial owner registration and due diligence, many trusts are likely to simply leave Hong Kong for less onerous jurisdictions.