AML / KYC

AML / KYC

Malaysia to Shut Down 1MDB

By Samuel Riding | 09/01/2017

Central bank has concluded investigations; other countries continue to probe offences.

AML / KYC

India Demonetisation Nets USD213bn

By Samuel Riding | 09/01/2017

Amount recovered is 93.5% of outstanding notes; RBI plans to expedite counting, identify fake notes.

AML / KYC

PBOC Hones in on Bitcoin Risks

By Samuel Riding | 09/01/2017

Central bank reminds institutions bitcoin is not legal tender.

AML / KYC

Bangladesh Warns on Use of Digital Hundi

By Samuel Riding | 06/01/2017

Intelligence report finds 15 unauthorised mobile applications used for illegal form of money transfer.

AML / KYC

SFC Bans Ex-Citibank Staff for Tampering with Client Signature

By Samuel Riding | 06/01/2017

Regulator says former employee attempted to deceive bank on client application.

AML / KYC

Former Falcon Manager in Court on 1MDB Charges

By Samuel Riding | 06/01/2017

Jens Sturzenegger the first foreigner to be prosecuted in relation to the affair.

AML / KYC

Taiwan to Beef Up AML System Before APG Evaluation

By Samuel Riding | 05/01/2017

Move aims to avoid restrictions on Taiwan’s overseas financial institutions.

AML / KYC

Pakistan to Enhance Enforcement in 2017

By Samuel Riding | 03/01/2017

SECP chairman says to also prioritise ease of doing business and regulatory framework development.

AML / KYC

China Tightens Trust Company Regulation

By Samuel Riding | 03/01/2017

Trusts have been used as alternative financing channel for companies.