AML / KYC

    image

    AML / KYC

    Australia Introduces Identity Verification Services Bill to Parliament

    By Editors | 17/09/2023

    The government said the bill strikes “the right balance between achieving fast and convenient identity verification and maintaining strong standards of privacy and security.

    image

    AML / KYC

    Sri Lanka Publishes First National Risk Assessment Since 2014

    By Duruthu E Chandrasekera | 16/09/2023

    The highest risks were identified among informal money remitters, real estate agents, banks and finance companies.

    image

    AML / KYC

    Philippine SEC Teams Up With US Counterpart, IOSCO to Tackle Securities-related Crime

    By Editors | 15/09/2023

    The Philippines SEC is looking to strengthen its enforcement capabilities to protect investors from securities fraud and other forms of investment scams.

    image

    Crypto / Digital Assets

    “Consistency” and “Cooperation” To Form Next Steps in Crypto Regulation

    By Jill Wong | 15/09/2023

    Chengyi Ong, Chainalysis’ head of policy, APAC, talks to Regulation Asia about the perceived policy direction in crypto regulations.

    image

    Enforcement

    US Court Sentences Co-Founder of “OneCoin” Fraud to 20 Years

    By Editors | 14/09/2023

    OneCoin was a fraudulent cryptocurrency that was sold through a pyramid scheme to millions of people from 2014-2016, resulting in $4bn in worldwide losses.

    image

    AML / KYC

    Singapore Announces New Initiatives to Support Family Offices

    By Editors | 14/09/2023

    The initiatives will help new family offices orientate themselves in Singapore and strengthen their financial crime compliance capabilities.

    image

    AML / KYC

    Singapore’s PayNow to End ‘Nickname’ Feature Next Year

    By Sanday Chongo Kabange | 12/09/2023

    The removal of the nickname option from PayNow has been prompted by growing cases of scams and a need to bolster online security.

    image

    AML / KYC

    APG Releases Mutual Evaluation Report for Nepal

    By Manesh Samtani | 12/09/2023

    Nepal’s AML/CFT regime has undergone significant reform since its 2011 mutual evaluation, however further legislative amendments are needed.

    image

    AML / KYC

    CFTC Commissioner Calls for Creation of National Financial Fraud Registry

    By Sanday Chongo Kabange | 12/09/2023

    Commissioner Christy Goldsmith Romero says a centralised national financial fraud registry would enable the public to protect themselves from fraudsters.

    image

    AML / KYC

    No Place to Hide: US Court Upholds Sanctions on Decentralised Crypto Platform

    By James Gillespie | 11/09/2023

    RUSI’s James Gillespie discusses what the Tornado Cash case means for holding DeFi platforms accountable under AML and sanctions laws.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team