AML / KYC

AML / KYC

Hong Kong Launches New Professional Investor Regime

By Samuel Riding | 28/03/2016

Regime introduces principles-based test for sophistication of corporate professional investors.

AML / KYC

India to Simplify Securities KYC

By Samuel Riding | 21/03/2016

SEBI proposes to scrap requirement for fresh KYC if investors already have a bank account.

AML / KYC

Myanmar to Issue New Banking Rules

By Samuel Riding | 17/03/2016

Regulations to cover bank corporate governance, foreign stakes and AML.

AML / KYC

Philippines Banking Association Eyes Financial Crime Unit

By Samuel Riding | 17/03/2016

Incoming BAP president to consider predecessor’s recommendation for AML, CTF committee.

AML / KYC

Indian Banks Urge Use of Big Data on Bad Loans

By Editors | 11/03/2016

Lenders ask Reserve Bank of India to use big data for fraud detection and information sharing.

AML / KYC

FSS Asks Credit Card Firms to Improve AML

By Editors | 11/03/2016

Lotte and Hana warned about poor customer management.

AML / KYC

RBI Issues Account Aggregator Guidelines

By Samuel Riding | 04/03/2016

Only non-bank finance companies will be able to provide service restricted to ‘regulated’ assets

AML / KYC

Ownership Disclosure Rule Creates Market Risk – PSE

By Samuel Riding | 01/03/2016

Head of Philippine Stock Exchange says compliance with rule is ‘close to impossible’.

AML / KYC

ICBC Freezes N.Korea Accounts

By Samuel Riding | 23/02/2016

China’s largest bank among several to halt deposits and transfers, according to S.Korean newspaper.