AML / KYC

AML / KYC

FSB to Develop Reform Impact Assessment

By Samuel Riding | 02/03/2017

Framework due to be published before July’s G20 Summit.

AML / KYC

HK to Expand Professional Investor Qualification

By Samuel Riding | 02/03/2017

Joint accounts and existing investments to be counted towards qualification amount.

AML / KYC

HK Regulatory, Compliance Demand Steady

By Samuel Riding | 01/03/2017

Morgan McKinley report says cybersecurity among the strongest areas of demand.

AML / KYC

Singapore Trusts Face Stricter Reporting Rules

By Samuel Riding | 01/03/2017

Trustees would be required to report beneficial ownership details, maintain ‘proper accounting records’.

AML / KYC

FATF Revises CTF Methodology

By Samuel Riding | 27/02/2017

Activities including natural resources trade included in definition of ‘economic support’ to terrorists.

AML / KYC

New CBRC Chief Set to Head ‘Super Regulator’

By Samuel Riding | 24/02/2017

Guo Shuqing likely to head ‘single operating body’ with authority for banking, securities and insurance regulation.

AML / KYC

Indonesia Rushes to Complete CRS Legislation

By Samuel Riding | 24/02/2017

Government considering urgent ‘regulation in lieu of law’ on banking secrecy.

AML / KYC

HKMA Issues Product Sales, Securities Handling Guidance

By Samuel Riding | 24/02/2017

Regulators notes ‘controls, monitoring and compliance review’ lapses by private banks.

AML / KYC

China Regulators Prep ‘Landmark’ Reforms

By Samuel Riding | 23/02/2017

Authorities to increase coordination, combine regulations, boost enforcement to target systemic risks.