AML / KYC

AML / KYC

SEBI Eyes KYC System Reform

By Samuel Riding | 05/09/2016

Market intermediaries are having difficulties with centralised system.

AML / KYC

SEBI Uncovers Money Laundering in NSEL Scam

By Samuel Riding | 02/09/2016

Report cites instances of unauthorised modification of unique client codes.

AML / KYC

Banks’ Exit from Emerging Markets Hurting AML, CTF Efforts – FSB

By Samuel Riding | 31/08/2016

Report to G20 says funds are being driven underground; cites failures to initiate derivative market reform in China and Korea.

AML / KYC

APAC Region has World’s Worst Cyber Security, Study Finds

By Samuel Riding | 31/08/2016

Region’s surfeit of financial data one of the main causes of increase in security threats.

AML / KYC

HKMA to host AML Seminars

By Samuel Riding | 30/08/2016

Managing staff responsible for AML, CTF systems implementation encouraged to attend.

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.