AML / KYC

AML / KYC

Macau Tightens AML Rules

By Samuel Riding | 07/06/2016

Casinos must keep daily records and hire compliance officers.

AML / KYC

Regulators’ Cybersecurity Expectations Lack Clarity – Hogan Lovells

By Samuel Riding | 06/06/2016

Law firm says it is unclear what benchmarks Hong Kong and Singapore will use.

AML / KYC

Singapore Launches Fintech Sandbox Consultation

By Samuel Riding | 06/06/2016

Fintechs will be able to serve customers while not having to comply with regulation.

AML / KYC

Philippines Moots ‘Hard Regulations’ for Bitcoin

By Samuel Riding | 04/06/2016

Central bank official says exchanges currently seen as equivalent to remittance providers.

AML / KYC

CSRC Warns on Private Fund Sales to Retail Investors

By Samuel Riding | 03/06/2016

Regulator clamping down on practice of slicing off portions of private funds for sale.

AML / KYC

RBI Tells Banks to Implement Cybersecurity Plans

By Samuel Riding | 03/06/2016

Financial institutions told to put plans in place immediately, categorise their level of risk.

AML / KYC

Guotai Junan Fined for Breaching Client ID Rule

By Samuel Riding | 31/05/2016

SFC says securities firm took more than six months to comply with two-day disclosure rule.

AML / KYC

SWIFT to Reinforce Security

By Samuel Riding | 25/05/2016

Messaging service has had security questioned since Bangladesh Bank scandal.

AML / KYC

MAS Orders Branch of Swiss Private Bank to Shut Down

By Samuel Riding | 24/05/2016

Regulator says bank involved in Singapore’s ‘worst case of control lapses and gross misconduct’.