AML / KYC

US Court Blocks Beneficial Ownership Reporting Again

By Manesh Samtani | 06/01/2025

An order to reinstate beneficial ownership reporting obligations was reversed. DOJ has now taken the case to the Supreme Court

ESG / Sustainability

Regulation Asia: Top 10 Contributed Articles for 2024

By Editors | 05/01/2025

This list presents the most-read contributed articles published by Regulation Asia in 2024, based on aggregated user traffic.

AML / KYC

India to Implement Payee Name Checking on RTGS, NEFT by April

By Editors | 05/01/2025

Banks have until 1 April 2025 to implement the beneficiary account name look-up facility for RTGS and NEFT transfers.

AML / KYC

China Consults on Draft CFT rules for Social Organisations

By Editors | 05/01/2025

Under the rules, social organisations have to undertake periodic TF risk assessments and implement risk prevention measures commensurate with their TF risks.

AML / KYC

Taiwan to Loosen Rules Imposed on Overseas Securities Clients

By Editors | 04/01/2025

The FSC will make account opening, order verification and fund deposits more convenient for overseas clients

AML / KYC

Thailand Works to Address Risks of Myanmar Transactions

By Manesh Samtani | 04/01/2025

No evidence was found that transactions with Myanmar were linked to weapons purchases. A new sanctions policy has been issued.

Crypto / Digital Assets

Philippine SEC Proposes New Regulatory Framework for Crypto

By Manesh Samtani | 02/01/2025

The rules cover capital requirements, consumer protection, disclosures and marketing, AML compliance, market abuse, and cybersecurity.

AML / KYC

Taiwan FIs to Connect ‘Financial Fast-ID’ Verification Systems

By Editors | 02/01/2025

A cross-system verification hub is being developed to connect the existing digital identity verification systems of various FIs.

AML / KYC

Vietnam Launches Nationwide Campaign Against Online Fraud

By Editors | 01/01/2025

Measures include developing an interagency coordination model and enhancing account verification, Internet banking security, and controls on crypto-related transactions.

AML / KYC

PNG Agencies Launch New Anti-Money Laundering Task Force

By Editors | 31/12/2024

The task force is described as a “crucial step” in PNG’s efforts to combat financial crime and avoid being placed on the FATF’s grey list.

JOIN OUR NEWSLETTER

An exclusive weekly selection of top stories from the Regulation Asia editorial team.