AML / KYC

AML / KYC

FSB Kicks Off ‘Unintended Consequences’ Consultation

By Samuel Riding | 12/04/2017

Board says consultation will result in fine tuning rather than a rollback of post-crisis reform.

AML / KYC

HKMA Ticks off, Fines Coutts for AML Failings

By Samuel Riding | 12/04/2017

Firm said to have inadequate PEP identification procedures for more than three years.

AML / KYC

Indian Banks Seek Forensic Auditors Amid Fraud Fears

By Samuel Riding | 12/04/2017

Association says auditors should have at least 10 years experience for the largest suspected frauds.

AML / KYC

BSP to Mandate Multi-factor Authentication

By Samuel Riding | 10/04/2017

Measures are a reaction to rising threat of cybercrime.

AML / KYC

Malaysia Inks Cross-border Agreements with Philippines, Thailand

By Samuel Riding | 07/04/2017

MoU with Thailand covers cross-border supervision; Philippines agreement confirms ABIF details.

AML / KYC

Australia Cracks Down on Interest-Only Loans

By Editors | 03/04/2017

ASIC and APRA separately announce measures against interest-only lending.

AML / KYC

IOSCO Enhances Cross-Border Enforcement Cooperation

By Editors | 03/04/2017

New powers enable members to share and obtain audit work, internet records and phone records.

AML / KYC

India, Singapore, Guangdong Join Shift to ID Card-based KYC

By Samuel Riding | 24/03/2017

Financial institutions could soon be able to access government-held information including biometric data.

AML / KYC

ASIC Sets out Blockchain Regulatory Framework

By Samuel Riding | 21/03/2017

Regulator will ask six questions to assess a DLT’s regulatory compliance.