AML / KYC

AML / KYC

India Could Bring Bitcoin Regulation Under SEBI

By Editors | 18/07/2017

Despite earlier talk of blanket ban, panel set up in April close to agreeing model which would give bitcoin similar status to a commodity.

AML / KYC

AUSTRAC Warns on Fraud, Money Laundering via Stock, Derivatives Markets

By Editors | 13/07/2017

Fraud, money laundering more prevalent than even insider trading or market manipulation, Centre suggests; only 40% of market participants filed suspicious matter reports over 2-year period.

AML / KYC

Singapore Banker Gets 2nd Conviction for 1MDB-related Offences

By Editors | 13/07/2017

Former wealth manager at shuttered Singapore office of Swiss bank BSI to serve further two years for money laundering after witness tampering sentence ends.

AML / KYC

Japan FSA Probing AML Compliance at Regional Banks

By Editors | 12/07/2017

Regulator concerned rules introduced last October are not being executed consistently as regional and other smaller banks deal with increasing number of international transactions.

AML / KYC

US Regulators Flex Muscles in Asia

By Editors | 06/07/2017

Grip could be set to get even tighter if DOJ proposals on accessing documents, expanding AML predicates are implemented.

AML / KYC

GRC – The Path to Managing Regulatory Change Intelligently

By Derek McGibney | 29/06/2017

Why small and medium-sized firms don’t need an ‘oversized’ compliance effort.

AML / KYC

Southeast Asia Roundup

By Editors | 29/06/2017

The Philippine government passed amendments to the country’s AML (anti-money laundering) law, bringing casinos under it’s rules for the first […]

AML / KYC

Australia Eyes Stronger Powers for ASIC

By Editors | 29/06/2017

The Australian Treasury issued a trio of proposals to enhance the enforcement powers of ASIC.

AML / KYC

KYC Roundup – India Confirms Mandatory ‘Aadhar’ Use

By Editors | 19/06/2017

India makes use of Aadhar cards compulsory for opening bank accounts, large transactions The Indian government last week confirmed that […]