AML / KYC

AML / KYC

Australia-Jordan to Exchange CTF Information

By Samuel Riding | 25/11/2016

Closer to home, AUSTRAC releases study on AML/CTF risks in superannuation funds.

AML / KYC

Philippines AML Council Files Charges Against RCBC Officials

By Samuel Riding | 24/11/2016

Regulator says officials should have acted on ‘red flags’ on Bangladesh heist money.

AML / KYC

Indonesia Opens ID Card Database to FIs

By Samuel Riding | 23/11/2016

Move designed to promote investment by easing KYC and transaction processes.

AML / KYC

S.Korea Planning Bitcoin Exchange Regulation

By Samuel Riding | 22/11/2016

Multi-agency task force to consider Japan, US and EU regulatory models.

AML / KYC

PBOC Said to Ban Dual-Network Payment Cards

By Samuel Riding | 22/11/2016

Central bank also said to restrict transactions by foreign bankcard networks without domestic clearing licenses.

AML / KYC

India Uncovers $2.34bn of Illegal Broker Transactions

By Samuel Riding | 22/11/2016

Tax office says brokerage ‘never bothered to verify KYC norms’.

AML / KYC

Malaysia SC Makes Key Appointments

By Samuel Riding | 22/11/2016

Regulator appoints Gumuri Hussain as executive chairman of Audit Oversight Board; Foo Lee Mei as chief regulatory officer.

AML / KYC

FSB Sets Out 2017 Agenda

By Samuel Riding | 18/11/2016

Upcoming reports and consultations cover correspondent banking, conduct and derivatives regulation.

AML / KYC

Taiwan to Toughen AML Legislation

By Samuel Riding | 18/11/2016

Financial institutions will be required to set up dedicated AML/CTF units for the first time.