AML / KYC

AML / KYC

Pakistan Moots Demonetisation

By Samuel Riding | 23/12/2016

Move would ‘reduce illicit money inflow, and reduce the size of undocumented economy’.

AML / KYC

Ex-BSI Banker Jailed for 30 Months

By Samuel Riding | 23/12/2016

Yeo Jiawei said to have had working relationship with Jho Low; faces another 7 charges next year.

AML / KYC

RBI Backtracks on Demonetisation Deposit Limits

By Samuel Riding | 22/12/2016

Central bank says depositors will not be interrogated so long as accounts are KYC compliant.

AML / KYC

Financial Planning Sector at Medium ML, TF Risk – AUSTRAC

By Samuel Riding | 22/12/2016

Cyberattacks of increasing sophistication and scale regarded as major threat.

AML / KYC

India Investigating Settlement Systems in AML Probe

By Samuel Riding | 21/12/2016

Enforcement Directorate also scrutinising bank branch account statements and CCTV.

AML / KYC

Another Ex-BSI Singapore Banker Jailed, Fined

By Samuel Riding | 19/12/2016

Yvonne Seah the second person convicted as a result of Singapore’s 1MDB investigation.

AML / KYC

S.Korea to Introduce AI System to Boost AML, CTF

By Samuel Riding | 19/12/2016

System to increase accuracy of isolating suspicious transactions from normal business.

AML / KYC

RBI Officials Arrested for ‘Unauthorised Money Exchange’

By Samuel Riding | 19/12/2016

Two officials said to have given away new notes amounting to almost $300,000.

AML / KYC

HK SFC Issues Management Accountability Rules

By Samuel Riding | 19/12/2016

Proposals cover eight main functions including compliance and AML/CTF.