AML / KYC

AML / KYC

Australia Sanctions More Russians Over Disinformation Campaign

By Editors | 08/03/2022

Australia’s sovereign wealth fund, Future Fund, is reportedly trying to divest AUD 200 million of holdings in Russian companies.

AML / KYC

Japan to Freeze More Russian Assets, Block More Exports

By Editors | 08/03/2022

Japan has added 32 Russian and Belarusian officials and oligarchs to its sanctions list and will freeze the assets of an additional four banks.

AML / KYC

US Lawmakers Ask HSBC to Justify HK Account Freezes

By Ranamita Chakraborty | 08/03/2022

A letter from a bipartisan group of US lawmakers asks HSBC to justify its actions to freeze the accounts of activists, independent media, and civic groups in Hong Kong.

AML / KYC

BOT Extends Deadline for PayPal’s AML Compliance to Year-End

By Sanday Chongo Kabange | 08/03/2022

PayPal was scheduled to suspend most services for Thai consumers from 7 March as part of a relaunch of its services to comply with local regulations.

AML / KYC

S. Korea Imposes Additional Sanctions Against Russia

By Editors | 08/03/2022

The government is also making available KRW 2 trillion in emergency lending support to Korean businesses impacted by the ongoing crisis in Ukraine.

AML / KYC

IMDA Starts Onboarding Banks to New SMS SenderID Registry

By Editors | 08/03/2022

IMDA has begun onboarding banks and other organisations on the new system, which will prevent spoofed SMS text messages from being sent upfront.

AML / KYC

SGX Issues Directions to Listed Issuers on Sanctions Compliance

By Manesh Samtani | 08/03/2022

Gazprom’s GDR listing on SGX has been suspended. Issuers are directed to suspend trading if they are subject to sanctions or engaging in sanctioned business dealings with Russia.

AML / KYC

New Zealand to Pass Russia Sanctions Bill This Week

By Manesh Samtani | 08/03/2022

The bill will pass “under urgency” this week, to provide further, extensive sanctions on Russia and individuals and companies connected to the Russian government.

AML / KYC

Bangladesh to Investigate Allegations in Panama, Paradise Papers

By Editors | 07/03/2022

A committee has been formed to investigate the money laundering allegations against Bangladeshi nationals named in the Panama Papers and Paradise Papers.