AML / KYC

AML / KYC

Trade Finance De-risking Could Face Legal Challenge – Thomson Reuters

By Samuel Riding | 27/01/2016

Anti-discrimination cases could be brought against banks using AML as ‘excuse’ to stop dealing with certain sectors, report says.

AML / KYC

Bank of China Hit by US Enforcement Action

By Samuel Riding | 22/01/2016

US currency comptroller’s action relates to deficiencies in currency transaction controls.

AML / KYC

Thailand Launches Crowdfunding Consultation

By Samuel Riding | 20/01/2016

Securities regulator seeks feedback on managing conflicts of interest and compliance monitoring systems.

AML / KYC

China, Switzerland to Cooperate on ‘Stolen Assets’

By Samuel Riding | 18/01/2016

Foreign ministers also agree judicial assistance deal, cooperation on anti-corruption and finance work prior to G20 summit.

AML / KYC

Fenergo, Markit and kyc.com Ink Strategic Deal

By Samuel Riding | 14/01/2016

Companies to work on integration of counterparty manager, client lifecycle and data management solutions.

AML / KYC

Pakistan Multiplies AML/CTF Efforts

By Samuel Riding | 08/01/2016

State bank fines increase more than 10-fold with 121 accounts shut down after government directions on AML/CTF.

Fintech / Regtech

Thailand Proposes Crypto Spending Sandbox Trial for Tourists

By Manesh Samtani

Regulators have launched a consultation on a plan to let foreign visitors convert digital assets to baht for local spending.

AML / KYC

Basel Institute Report Highlights APAC Financial Crime Risks, Asset Recovery Successes

By Manesh Samtani

The 2024 annual report details progress in tackling green corruption in Indonesia and updates its widely used AML Index.