AML / KYC

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.

AML / KYC

Philippine AMLC Chief Quits

By Samuel Riding | 01/02/2017

Resignation follows last year’s harsh criticism from president Duterte.

AML / KYC

Indonesian Money Changers Said to Distribute $300mn in Drug Proceeds

By Samuel Riding | 01/02/2017

Investigator says four dealers operating without a license, two in breach of central bank regulations.

AML / KYC

Pakistan, World Bank Ink Technical Cooperation Agreement

By Samuel Riding | 30/01/2017

Cooperation to focus on risk-based supervision and cybersecurity.

AML / KYC

Bangladesh Central Bank to Install New SWIFT System

By Samuel Riding | 30/01/2017

New cybersecurity system aims to avoid ‘unwanted incidents’ in overseas payments.