AML / KYC
-
Ex-Falcon Manager Linked to 1MDB Jailed, Fined
Samuel Riding, Regulation Asia January 12, 2017Former branch manager failed to file STRs, pleads guilty to six of 16 charges.
-
Bangladesh Cuts Mobile Transaction Limits
Samuel Riding, Regulation Asia January 12, 2017Inbound daily transfer limit slashed more than 75%.
-
Indonesia Investigating ISIS Bitcoin Transactions
Samuel Riding, Regulation Asia January 12, 2017Activist Bahrun Naim said to have transferred funds via online transfers, remittances and blockchain.
-
India Considering Special Panama Papers Investigation
Samuel Riding, Regulation Asia January 10, 2017New investigation team would consider about 500 entities allegedly involved in offshoring controversy.
-
Singapore Parliament Considers Extended MAS Powers
Samuel Riding, Regulation Asia January 10, 2017Changes include refined non-retail investor classification, safeguards unconventional investment products.
-
Thailand Tightens Unrated Bonds KYC Monitoring
Samuel Riding, Regulation Asia January 9, 2017Almost half of country’s $7.3bn in unrated bonds are bills of exchange.
-
Malaysia to Shut Down 1MDB
Samuel Riding, Regulation Asia January 9, 2017Central bank has concluded investigations; other countries continue to probe offences.
-
India Demonetisation Nets USD213bn
Samuel Riding, Regulation Asia January 9, 2017Amount recovered is 93.5% of outstanding notes; RBI plans to expedite counting, identify fake notes.
-
PBOC Hones in on Bitcoin Risks
Samuel Riding, Regulation Asia January 9, 2017Central bank reminds institutions bitcoin is not legal tender.
-
Bangladesh Warns on Use of Digital Hundi
Samuel Riding, Regulation Asia January 6, 2017Intelligence report finds 15 unauthorised mobile applications used for illegal form of money transfer.
