AML / KYC

AML / KYC

BSP Sets Virtual Currency Exchange Rules

By Samuel Riding | 09/02/2017

New guidelines aim to regulate digital currencies used in financial services delivery to curb AML, CTF.

AML / KYC

RBI Warns on Bitcoin

By Samuel Riding | 08/02/2017

Central bank says it does not yet authorise creation, trading of virtual currencies.

AML / KYC

Pakistan Investigating Mastercard-ID Database Deal

By Samuel Riding | 08/02/2017

Agreement with Pakistan’s National Database and Registration Authority inked in January.

AML / KYC

Indonesia Tax Amnesty Nets $7.99bn

By Samuel Riding | 06/02/2017

Funds repatriated funds through government’s programme increase by $1.16bn in a month.

AML / KYC

HK Freezes Assets in Insider Dealing Probe

By Samuel Riding | 06/02/2017

Court grants SFC request to stop suspects transferring $3.3 million out of Hong Kong.

AML / KYC

S.Korea FSC Offices Raided

By Samuel Riding | 06/02/2017

Investigators seek personal data and transaction records related to corruption claims.

AML / KYC

Australia, Indonesia Forge CTF Alliance

By Samuel Riding | 03/02/2017

7-year agreement includes information sharing, cyber project to fight terrorism financing.

AML / KYC

FINMA Orders ‘Coutts’ to Pay $6.5mn for 1MDB Breaches

By Samuel Riding | 03/02/2017

Swiss regulator says bank’s own legal unit suspected transaction information was ‘entirely fabricated’.

AML / KYC

India to Provide $1.5bn to Recapitalise Banks

By Samuel Riding | 02/02/2017

2017/18 budget also includes measures to ease NPAs, FPI access.