Sanctions

Fintech / Regtech

US Regulators Call for Responsible Stablecoin Design, Operation

By Editors | 31/12/2020

Stablecoin participants and arrangements should register with FinCEN and comply with AML, sanctions, recordkeeping and reporting requirements.

Press Release

Regulation Asia: Top Ten Contributed Articles for 2020

By Editors | 22/12/2020

This list presents the most-read contributed articles published by Regulation Asia in 2020, based on aggregated user traffic analytics.

AML / KYC

ISDA Offers Guidance on Addressing Sanctions in Trading Agreements

By Editors | 20/12/2020

The guidance note helps parties consider whether it may be appropriate to include specific sanctions provisions in ISDA documentation.

Press Release

Dow Jones Risk & Compliance Wins Best Solution in PEPs, Sanctions Screening

By Editors | 15/12/2020

Dow Jones Risk & Compliance offers comprehensive screening for PEPs, sanctions risk, and adverse media, allowing for integration with existing workflows and providing certainty on risk.

Press Release

SWIFT Recognised for KYC Registry, Sanctions Testing Service

By Editors | 15/12/2020

SWIFT offers a secure platform that streamlines the collection of predefined KYC information, and a service to test FIs’ sanctions screening systems for effectiveness.

Press Release

Cylynx Named ‘One to Watch’ in Blockchain Transaction Monitoring

By Editors | 15/12/2020

Cylynx provides an AI-based automated blockchain monitoring platform that helps cryptocurrency exchanges comply with incoming AML/CTF requirements.

AML / KYC

No Banks Subject to HKAA Secondary Sanctions: US Treasury

By Manesh Samtani | 13/12/2020

In a report to Congress, the Treasury said it has not identified any foreign FIs that “knowingly” conducted significant transactions with the ten individuals sanctioned in October.

Big Picture

APAC Overtook US in AML Penalties For 2020: Fenergo

By Editors | 10/12/2020

APAC has overtaken the US in terms of the value of enforcement actions for the first time since 2015, largely due to the Goldman and Westpac cases.

AML / KYC

US Sanctions Another 14 Chinese Officials Over Hong Kong

By Editors | 08/12/2020

A Chinese foreign ministry spokesperson said Beijing would take “firm counter-measures against the malicious actions by the US”.