AML / KYC

AML / KYC

S.Korea Planning Bitcoin Exchange Regulation

By Samuel Riding | 22/11/2016

Multi-agency task force to consider Japan, US and EU regulatory models.

AML / KYC

PBOC Said to Ban Dual-Network Payment Cards

By Samuel Riding | 22/11/2016

Central bank also said to restrict transactions by foreign bankcard networks without domestic clearing licenses.

AML / KYC

India Uncovers $2.34bn of Illegal Broker Transactions

By Samuel Riding | 22/11/2016

Tax office says brokerage ‘never bothered to verify KYC norms’.

AML / KYC

Malaysia SC Makes Key Appointments

By Samuel Riding | 22/11/2016

Regulator appoints Gumuri Hussain as executive chairman of Audit Oversight Board; Foo Lee Mei as chief regulatory officer.

AML / KYC

FSB Sets Out 2017 Agenda

By Samuel Riding | 18/11/2016

Upcoming reports and consultations cover correspondent banking, conduct and derivatives regulation.

AML / KYC

Taiwan to Toughen AML Legislation

By Samuel Riding | 18/11/2016

Financial institutions will be required to set up dedicated AML/CTF units for the first time.

AML / KYC

MAS Issues Regulatory Sandbox Guidelines

By Samuel Riding | 17/11/2016

Regulatory requirements relaxed; Singapore to promote fintech innovations ‘within boundaries’.

AML / KYC

Duterte Accuses BSP, AMLC of Recklessness

By Samuel Riding | 16/11/2016

Philippines president says regulators are not cooperating with government money laundering investigations.

AML / KYC

HKMA Repeats N.Korea, Iran Warnings

By Samuel Riding | 16/11/2016

FATF plenary has said N.Korea is failing to address illicit funding, proliferation.