AML / KYC
-
Inspection Finds Graft Risks, Moral Hazard at CDB, CIC
Samuel Riding, Regulation Asia February 11, 2016China's discipline commission completes two-month review of 21 regulators and institutions.
-
Fraud Allegations at Australia’s Commonwealth Bank
Samuel Riding, Regulation Asia February 4, 2016Staff allegedly involved in Ponzi scheme which continued for five years after initial suspicions raised.
-
HK, Singapore, Australia Delay UTI Implementation
Samuel Riding, Regulation Asia February 2, 2016Regulators to await international standards, delay implementation to early 2017.
-
Taiwan to ‘Punish’ Banks for Misselling RMB Forwards
Samuel Riding, Regulation Asia January 28, 2016Citibank and Standard Chartered among nine banks to be censured for inappropriate sales.
-
Correspondent Banking KYCC ‘Impossible’ in HK, Singapore – Thomson Reuters
Samuel Riding, Regulation Asia January 27, 2016Both jurisdictions said unlikely to implement FATF recommendations before the end of this decade.
-
Trade Finance De-risking Could Face Legal Challenge – Thomson Reuters
Samuel Riding, Regulation Asia January 27, 2016Anti-discrimination cases could be brought against banks using AML as 'excuse' to stop dealing with certain sectors, report says.
-
Bank of China Hit by US Enforcement Action
Samuel Riding, Regulation Asia January 22, 2016US currency comptroller’s action relates to deficiencies in currency transaction controls.
-
Thailand Launches Crowdfunding Consultation
Samuel Riding, Regulation Asia January 20, 2016Securities regulator seeks feedback on managing conflicts of interest and compliance monitoring systems.
-
China, Switzerland to Cooperate on ‘Stolen Assets’
Samuel Riding, Regulation Asia January 18, 2016Foreign ministers also agree judicial assistance deal, cooperation on anti-corruption and finance work prior to G20 summit.
-
Fenergo, Markit and kyc.com Ink Strategic Deal
Samuel Riding, Regulation Asia January 14, 2016Companies to work on integration of counterparty manager, client lifecycle and data management solutions.
