AML / KYC

AML / KYC

Ex-Falcon Manager Linked to 1MDB Jailed, Fined

By Samuel Riding | 12/01/2017

Former branch manager failed to file STRs, pleads guilty to six of 16 charges.

AML / KYC

Bangladesh Cuts Mobile Transaction Limits

By Samuel Riding | 12/01/2017

Inbound daily transfer limit slashed more than 75%.

AML / KYC

Indonesia Investigating ISIS Bitcoin Transactions

By Samuel Riding | 12/01/2017

Activist Bahrun Naim said to have transferred funds via online transfers, remittances and blockchain.

AML / KYC

India Considering Special Panama Papers Investigation

By Samuel Riding | 10/01/2017

New investigation team would consider about 500 entities allegedly involved in offshoring controversy.

AML / KYC

Singapore Parliament Considers Extended MAS Powers

By Samuel Riding | 10/01/2017

Changes include refined non-retail investor classification, safeguards unconventional investment products.

AML / KYC

Thailand Tightens Unrated Bonds KYC Monitoring

By Samuel Riding | 09/01/2017

Almost half of country’s $7.3bn in unrated bonds are bills of exchange.

AML / KYC

Malaysia to Shut Down 1MDB

By Samuel Riding | 09/01/2017

Central bank has concluded investigations; other countries continue to probe offences.

AML / KYC

India Demonetisation Nets USD213bn

By Samuel Riding | 09/01/2017

Amount recovered is 93.5% of outstanding notes; RBI plans to expedite counting, identify fake notes.

AML / KYC

PBOC Hones in on Bitcoin Risks

By Samuel Riding | 09/01/2017

Central bank reminds institutions bitcoin is not legal tender.