AML / KYC

AML / KYC

Taiwan to Strengthen AML Law

By Samuel Riding | 26/08/2016

Cabinet drafts bill which would increase penalties, introduce asset seizures.

AML / KYC

India, Abu Dhabi Regulators Ink Cooperation Pact

By Samuel Riding | 26/08/2016

SEBI has already signed 22 MoUs with other regulators; sent 44 assistance request to other jurisdictions in 2015/16.

AML / KYC

Hong Kong Grants 1st Stored Value Licences

By Samuel Riding | 26/08/2016

Five firms issued with licences under Ordinance introduced in November 2015.

AML / KYC

New Zealand-China AML Operation Nets $31mn

By Samuel Riding | 24/08/2016

Forfeiture the largest ever in New Zealand and first related to crimes alleged to have occurred in China.

AML / KYC

Bangladesh Probes Trusts’ Tax Compliance, Sources of Funds

By Samuel Riding | 24/08/2016

Concerns raised by APG on money laundering, but decline in disclosures could be due to shrinking NGO funding.

AML / KYC

SEBI Eases Trading Restriction on Hundreds of Firms

By Samuel Riding | 24/08/2016

Several companies which had been barred from the securities market can now conduct transactions.

AML / KYC

Taiwan Banks Ordered to Tighten Overseas Controls

By Samuel Riding | 22/08/2016

Multiple AML violations found at Mega Bank’s overseas branches.

AML / KYC

CSRC Completes Fund Manager Investigations

By Samuel Riding | 22/08/2016

Regulator says it has investigated 305 firms, found 65 disclosure failures.

AML / KYC

Australian Banks Reject Open Data Call

By Samuel Riding | 22/08/2016

Gap between fintech and traditional banking made clear in responses to Productivity Commission inquiry.