AML / KYC

AML / KYC

China to Tighten Internet Finance Rules

By Samuel Riding | 14/10/2016

PBOC to head taskforce including securities regulator and issue measures by March 2017.

AML / KYC

Regulation Still the Top Risk Concern for Global Banks – EY

By Samuel Riding | 13/10/2016

50% of boards, 68% of CROs prioritising regulatory implementation, meeting supervisory expectations.

AML / KYC

Indian Investigators Probe P-Note Data

By Samuel Riding | 13/10/2016

Regulator hands over list of beneficial owners and transfer trails for P-note investments.

AML / KYC

HK, Australia Targeted in Odinaff SWIFT Attacks

By Samuel Riding | 12/10/2016

Report warns upcoming attacks could be similar to Bangladesh Bank heist.

AML / KYC

Guangdong Underground Banking Crackdown Nets 350 Suspects

By Samuel Riding | 12/10/2016

More than $34bn in illegal transactions uncovered so far this year.

AML / KYC

Korea to Issue Protective Measures for Equity-linked Security Investors

By Samuel Riding | 11/10/2016

Soaring equity-linked issuance threatens investor protection; new measures to be announced in November

AML / KYC

Updated – MAS Shuts Falcon Bank Singapore Operations

By Samuel Riding | 11/10/2016

Swiss regulator claims USD3.8bn of 1MDB money went via Falcon; MAS also fines DBS, UBS for control failures.

AML / KYC

Former Mega Bank Chairman Arrested in Taiwan

By Samuel Riding | 05/10/2016

Ex-chairman alleged to have offloaded stock in advance of US fine.

AML / KYC

Australian Banking Inquiry – ANZ Denies Links to 1MDB Scandal

By Samuel Riding | 05/10/2016

CBA acknowledges “poor customer outcomes”, failed to commit on victims’ compensation.