AML / KYC

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.

AML / KYC

Indonesia Tax Amnesty Expected to Net $346bn

By Samuel Riding | 05/10/2016

Singapore the largest source of assets from overseas including property, gold and land.

AML / KYC

Taiwan FSC Chairman Steps Down Amid Mega Scandal

By Samuel Riding | 04/10/2016

FSC vice chairman also quits, chairman to be replaced by Huang Tien-mu.

AML / KYC

SFC Clarifies Broker Requirements

By Samuel Riding | 03/10/2016

Clarification follows unusual step of public warning on internal AML controls.