AML / KYC

From 1 October 2022, AD Cat-I Banks will have to obtain LEIs from resident entities undertaking capital or current account transactions of INR 500 million and above.

The pro-democracy National Unity Government has reportedly begun using Tether as a proxy for the US dollar to raise funds for a campaign to topple the military regime.

The US Treasury placed Chinese AI firm SenseTime on an investment blacklist just as the company was preparing to list in Hong Kong.

A pilot project has been initiated with 10 securities firms to optimise their account management functions and ensure the safety of customer funds.

The financial crime guide helps financial firms identify the misuse of emergency and disaster payments administered through Services Australia.

For the first time, the UNODC, UNEP and CITES met with the FATF to discuss partnerships to fight money laundering from environmental crimes.

Treasury will leverage its AML expertise to augment human trafficking investigations, and develop advisories to alert FIs to potential red flags.

Regulation Asia held its fourth annual Awards ceremony on 9 December 2021. Here we explain our methodology and announce the winners for the year.

A new wave of anti-corruption probes has brought down senior officials and executives from the SSE, CSRC, CBIRC, ICBC and Everbright Bank.

The FSA reportedly seeks to propose legislation to only allow banks and wire transfer companies to issue stablecoins, and to regulate wallet providers.