AML / KYC

AML / KYC

Indonesia Setting up Investments for Tax Amnesty Influx

By Samuel Riding | 16/06/2016

Infrastructure funds could capture some of the millions of dollars expected to repatriated.

AML / KYC

Bangladesh to Prosecute Staff Involved in USD81mn Heist

By Samuel Riding | 16/06/2016

11 central bank staff ask for different posts as finance ministry prepares criminal cases.

AML / KYC

SWIFT to Beef up Spending on Security

By Samuel Riding | 15/06/2016

Board earmarks investment and staff to boost security after Bangladesh heist.

AML / KYC

MAS Sets Up Dedicated AML Unit

By Samuel Riding | 14/06/2016

Singapore regulator will also create new enforcement unit, drawing in staff from different divisions.

AML / KYC

Vietnam, S.Korea to Cooperate on Financial Supervision

By Samuel Riding | 13/06/2016

Vietnam’s NFSC and Korea’s FSC will also share data on regulatory activities and financial institutions.

AML / KYC

ASIC Starts 1st Civil Action on Best Interests Rule

By Samuel Riding | 10/06/2016

Regulator says financial adviser breached ‘best interests duty’ in selling life risk insurance.

AML / KYC

ASIC Consults on Fintech Sandbox

By Samuel Riding | 08/06/2016

Regulator proposes six-month licensing exemption, modified organisational competence requirements.

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.