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Crypto / Digital Assets
Coinbase’s Exit From Japan Complicates Travel Rule Adoption
By Manesh Samtani | 07/02/2023
With Coinbase leaving the market, Japanese VASPs using TRUST will likely have to switch to a different travel rule solution.

AML / KYC
FATF Publishes Annual Report for 2021-2022
By Editors | 07/02/2023
The report sets out the achievements of the FATF under the second year of Marcus Pleyer’s Presidency.

AML / KYC
SFC Seeks Early Submission of Data Required Under HKIDR
By Editors | 06/02/2023
Intermediaries are asked to submit their BCAN-CID Mapping Files as soon as possible to ensure sufficient time to verify the data and rectify any errors.

AML / KYC
New Report Calls for Global Action to Address TBML
By Editors | 06/02/2023
Recommendations include the use of education campaigns, inter-agency task forces, beneficial ownership registries, and new technologies to assess trade pricing.

AML / KYC
New York Woman Charged for Financing Terrorist Groups With Crypto
By Editors | 06/02/2023
The case is one of the rare cases worldwide where cryptocurrency is alleged to have financed terrorism, said Manhattan District Attorney Alvin Bragg.

AML / KYC
CBA to Introduce New ‘NameCheck’ Scam Prevention Feature
By Editors | 06/02/2023
‘NameCheck’ will provide customers an indication of whether the name and account details they have entered in money transfers are correct.

AML / KYC
AFP Dismantles Chinese-Australian Money Laundering Syndicate
By Editors | 03/02/2023
Police seized over AUD 150 million in assets including crypto, and charged nine individuals including a NAB banker with money laundering.

AML / KYC
Transparency International Releases 2022 Corruption Perceptions Index
By Editors | 03/02/2023
Asia Pacific scored above the global average. New Zealand, Singapore, Hong Kong, Australia and Japan ranked in the top twenty.

AML / KYC
Singapore to Further Develop Financial Forensics Capabilities
By Editors | 03/02/2023
The Singapore Police Force and the Institute of Singapore Chartered Accountants will cooperate to advance the development of financial forensics in Singapore.

AML / KYC
UK Deadline Passes for Foreign Property Owners to Declare Identity
By Manesh Samtani | 02/02/2023
The register has so far established that various billionaire businessmen, political donors, criminals, and sanctioned individuals own UK property through offshore jurisdictions.
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