AML / KYC

AML / KYC

India Mandates Centralised KYC from 1 August

By Samuel Riding | 22/07/2016

Central registry has already conducted ‘live run’ of the improved system for new individual accounts.

AML / KYC

MAS Details 1MDB Investigations

By Samuel Riding | 22/07/2016

Quintet of banks and one remittance agent have been under investigation.

AML / KYC

Japanese Newspaper Links Blacklisted Brokers to Panama Papers

By Samuel Riding | 20/07/2016

Financial Futures Association notes Japan is one of the world’s largest markets for binary options.

AML / KYC

MAS Probes Bank ‘Data Dump’

By Samuel Riding | 20/07/2016

Dumped documents include corporate statements, loan applications, client passwords and internal reports.

AML / KYC

Indonesia Tax Amnesty Begins

By Samuel Riding | 18/07/2016

Government begins amnesty despite judicial review; expected to raise billions of dollars.

AML / KYC

PBOC Tightens Online Payment Regulation

By Samuel Riding | 13/07/2016

User information must now be encrypted and stored in a digital token during online transactions.

AML / KYC

ABA Sets up Pay and Commissions Review

By Samuel Riding | 13/07/2016

Review will also look at payments to third parties including mortgage brokers.

AML / KYC

Asia’s Conduct Equation

By Samuel Riding | 12/07/2016

Why taking a firm grip on the nebulous concept of conduct requires more than just money and resources.

AML / KYC

Singapore Kicks Off CRS Consultation

By Samuel Riding | 12/07/2016

Trio of regulators pave way for introduction of the Standard by 2018.