ADVERTISEMENT
AML / KYC
New York State Regulator Penalises Robinhood Crypto Unit
By Editors | 04/08/2022
Robinhood Crypto had inadequate staffing of its AML programme, transaction monitoring deficiencies, and noncompliant cybersecurity policies.
AML / KYC
US SEC Charges 11 Over Crypto Pyramid and Ponzi Scheme
By Editors | 04/08/2022
Forsage investors earned profits by recruiting others into the scheme, which used assets from new investors to pay earlier investors.
AML / KYC
DBS-led Hackathon to Tackle Fraud Challenges
By Editors | 04/08/2022
More than 100 law enforcers, lawyers, bank staff and other professionals have assembled into teams to brainstorm new solutions to stop scams.
AML / KYC
China Responds to US ‘Treachery’ With Taiwan Trade Curbs
By Editors | 04/08/2022
China has banned imports of citrus fruit, two types of fish, and food items from 107 Taiwanese brands. Exports of natural sand to Taiwan are banned.
AML / KYC
FFIS Takes Stock of AML & Fraud Data Sharing Platforms
By Editors | 03/08/2022
New paper covers 15 different private-private financial information sharing platforms across the US, UK, Singapore, the Netherlands, Switzerland, Estonia and Australia.
AML / KYC
Moscow Exchange Commences Trading in First Yuan Bonds
By Editors | 03/08/2022
Yuan-denominated bonds will open up an additional source of FX liquidity for Russian borrowers, who have been cut off from the dollar, euro and other foreign currencies.
AML / KYC
US Imposes New Round of Sanctions Against Russia
By Editors | 03/08/2022
The sanctions target Kremlin-connected elites, including retired Olympic gymnast Alina Kabaeva, who is understood to be Putin’s girlfriend.
AML / KYC
UK Launches UBO Register for Foreign-owned Property
By Manesh Samtani | 03/08/2022
The register requires foreign buyers of UK property to disclose their true beneficial ownership and verify their identities with Companies House.
AML / KYC
Korea FSS Completes Woori Bank Embezzlement Inspection
By Editors | 02/08/2022
The inspection found that the amount embezzled was more than originally reported, and the Woori had insufficient internal controls in place.
AML / KYC
AUSTRAC Proposes Rule Change to Accommodate ISO 20022
By Editors | 29/07/2022
The proposed amendments will enable reporting entities to submit IFTIs using the ISO 20022 message format.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team