Posts By Emma Zhou, Regulation Asia
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619S. Korea Tightens AML Rules for Cryptocurrencies
Emma Zhou, Regulation Asia June 28, 2018New guideline requires financial institutions to strengthen monitoring and enhance due diligence on accounts intended for crypto exchange operations and report suspicious transactions to KoFIU, including transfers to overseas exchanges.
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599India Reverses Stance on Cryptocurrency?
Emma Zhou, Regulation Asia June 27, 2018India official says the government will release new cryptocurrency regulatory framework next month; Supreme Court brings forward hearings on petitions challenging earlier RBI ban.
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498Cambodia Warns Against Crypto-related Activities Without Licence
Emma Zhou, Regulation Asia June 26, 2018Statement jointly issued by three government agencies says trading cryptocurrency without a licence is illegal, without defining licensing process or requirements.
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683Audit Officials Find Illegal Lending at Chinese Banks
Emma Zhou, Regulation Asia June 25, 2018ICBC, ABC and CITIC illegally extended loans to unqualified companies or industries, inflated the size of their deposits, engaged in illegal shadow-banking actives, and had shortcomings in their credit risk management.
