SANCTIONS

AML / KYC

Maximum Pressure: US, HK Act to Firm Up North Korea Sanctions

By Nick Turner | 25/06/2018

Despite the glad-handing between Donald Trump and Kim Jong-un in Singapore earlier this month, the legal landscape surrounding North Korea sanctions remains unchanged since March 2018. AML (anti-money laundering) risks will remain a focus of attention in Hong Kong and elsewhere.

AML / KYC

Japan FSA Orders Banks to Report on North Korea JVs

By Manesh Samtani | 25/06/2018

All banks and credit unions ordered to provide the details on accounts used by 10 existing Japan-North Korea joint ventures, including details on individuals and entities, assets, employees and transaction records.

AML / KYC

ACAMS 2018: Rising to the Financial Crime Challenge

By Manesh Samtani | 09/05/2018

Recently in Hong Kong, ACAMS brought financial industry participants to discuss action to combat financial crime. Progress on regulation, advancements in technology and FIs’ willingness to do their part are making all the difference.

AML / KYC

ACAMS 2018: HKMA Calls on Financial Industry in Fight Against Crime

By Manesh Samtani | 26/04/2018

Deputy chief Arthur Yuen highlighted technological innovation, increased information sharing and the application of a risk-based approach as the key issues to implementing effective AML systems.

AML / KYC

Top PBOC Official Makes AML Powerplay

By Editors | 13/09/2017

Vice governor Yin Yong says central bank to ‘centralise’ work amid concerns about sanctions risk and meeting stricter international standards.

Sanctions

Leveraging Technology for Compliance and Performance

By Editors | 19/08/2014

Accuity CEO Hugh Jones describes how advanced systems are revolutionising banks’ ability to meet regulations.

Sanctions

Navigating the Complex World of Myanmar

By Editors | 30/05/2014

“Moving forward in unity to a peaceful and prosperous community,” the Myanmar slogan echoed as it chaired the 2014 ASEAN […]