AML / KYC
-
US ICO Ruling Opens ‘Can of Worms’ for Asia
Securities and Exchange Commission’s decision to define ICOs as securities adds to uncertainty around regulatory treatment of the virtual economy. […]
July 27, 2017 -
China CRS Less Burdensome than Expected
But law firm warns that CRS elsewhere is likely to have greater impact on Chinese residents, particularly those who invest […]
July 27, 2017 -
Singapore Regtechs Innovate New KYC Methods
Regtech firms Silent Eight and Black Swan technologies emerge from OCBC’s Open Vault to cut KYC processes from up to […]
July 24, 2017 -
HK’s New Financial Services Chief Advocates Centralised KYC Registry
Top official says updated ID cards with greater security could be used as basis of the centralised KYC; boost Hong Kong's status in...
July 20, 2017 -
India Could Bring Bitcoin Regulation Under SEBI
Despite earlier talk of blanket ban, panel set up in April close to agreeing model which would give bitcoin similar status to...
July 18, 2017 -
AUSTRAC Warns on Fraud, Money Laundering via Stock, Derivatives Markets
Fraud, money laundering more prevalent than even insider trading or market manipulation, Centre suggests; only 40% of market participants filed suspicious matter...
July 13, 2017 -
Singapore Banker Gets 2nd Conviction for 1MDB-related Offences
Former wealth manager at shuttered Singapore office of Swiss bank BSI to serve further two years for money laundering after witness tampering...
July 13, 2017 -
Japan FSA Probing AML Compliance at Regional Banks
Regulator concerned rules introduced last October are not being executed consistently as regional and other smaller banks deal with increasing number of...
July 12, 2017 -
US Regulators Flex Muscles in Asia
Grip could be set to get even tighter if DOJ proposals on accessing documents, expanding AML predicates are implemented.
July 6, 2017 -
GRC – The Path to Managing Regulatory Change Intelligently
Why small and medium-sized firms don’t need an ‘oversized’ compliance effort.
June 29, 2017