AML / KYC

AML / KYC

SEBI Tightens P-Note KYC

By Samuel Riding | 12/07/2016

Offshore derivative instruments have allegedly been misused for round-tripping funds

AML / KYC

ABA Launches Code of Practice Review

By Samuel Riding | 08/07/2016

Bankers’ association to revamp guidelines for treatment of individuals and small businesses.

AML / KYC

Boost Controls, Transparency to Avoid De-risking – SWIFT

By Samuel Riding | 06/07/2016

Study says de-risking in correspondent banking can force individuals to even riskier, poorly regulated channels.

AML / KYC

Philippines Set to Close Casino Money Laundering Loophole

By Samuel Riding | 06/07/2016

Bill proposes to amend 2001 Anti-Money Laundering Act which excluded casino operators, junkets.

AML / KYC

S.Korea to Tighten Investor Self-Assessment

By Samuel Riding | 05/07/2016

Regulator to encourage more stringent assessment of suitability for investment activities.

AML / KYC

SAFE Orders Tighter Checks on Outbound Investment

By Samuel Riding | 29/06/2016

Forex regulator denies media reports of changes to individual quotas, rules.

AML / KYC

SEBI to Allow Fund Sales on E-commerce Platforms

By Samuel Riding | 28/06/2016

Mutual fund association developing recommendations of panel on digitisation of financial services.

AML / KYC

FATF Keeps N.Korea on Blacklist, Suspends Iran Measures

By Samuel Riding | 28/06/2016

Task force also notes Myanmar, Papua New Guinea commitments on AML and CTF.

AML / KYC

UBS Complies with ‘Nova Scotia’ Summons

By Samuel Riding | 24/06/2016

Office in Miami provides details of Singapore account held by US citizen living in China.