AML / KYC

AML / KYC

HKMA Ask Banks to Heed SFC Guidance on IPO Financing

By Sanday Chongo Kabange | 31/03/2025

Banks are directed to comply with new SFC guidance on IPO financing, particularly the investor identification requirement under FINI.

AML / KYC

Thailand to Grant SEC More Power to Tackle Market Abuse

By Editors | 31/03/2025

The SEC will be able to conduct its own investigations, directly file charges in court, and block major business transactions if it detects financial irregularities.

AML / KYC

Gatekeepers on Edge as AUSTRAC Prepares New AML/CTF Regime

By Nathan Lynch | 31/03/2025

Nathan Lynch discusses the work AUSTRAC is doing to prepare DNFBPs for a July 2026 deadline to comply with their new AML/CTF obligations.

AML / KYC

FSB Launches Forum on Cross-Border Payments Data

By Mark Johnston | 28/03/2025

The initiative aims to enhance cross-border payments by improving dialogue and strengthening cooperation on data-related issues.

AML / KYC

Financial Crime Fighters Set to Gather in Hong Kong

By Manesh Samtani | 28/03/2025

The HKMA and GCFFC are bringing together financial crime fighters from around the world amid an increasingly complex threat landscape.

AML / KYC

FATF Calls for Greater Public-Private Collaboration at Mumbai Forum

By Manesh Samtani | 27/03/2025

FATF President Elisa de Anda Madrazo said public authorities and the private sector “play on the same team” in the fight against financial crime.

AML / KYC

China Issues Rules on Use of Facial Recognition Technology

By Manesh Samtani | 26/03/2025

The regulations aim to address concerns about the privacy and security risks posed by the widespread use of facial recognition technology.

AML / KYC

RBNZ Publishes Research Spotlighting Barriers to Bank Account Access

By Thisanka Siripala | 26/03/2025

A survey found that a third of frontline staff report being unable to open a bank account for a customer often or very often.

AML / KYC

MAS Releases Paper to Strengthen Singapore’s Defences Against PF Risk

By Nithya Subramanian | 26/03/2025

The paper provides guidance on PF risks and typologies, risk assessment methodologies, mitigation strategies, and AI-driven detection solutions.