AML / KYC

AML / KYC

IFSCA Updates AML/CFT and KYC Guidelines for Regulated Entities

By Nithya Subramanian | 10/06/2025

GIFT City regulated entities must retrieve identifiers from the Central KYC Records Registry instead of requesting duplicate documents from customers.

AML / KYC

Star Entertainment Pleads for Leniency in Money Laundering Case

By Manesh Samtani | 10/06/2025

Star Entertainment claims that its financial viability would be at risk if it were fined anything over A$100m, a quarter of what AUSTRAC is seeking.

AML / KYC

Myanmar Officials Intensify Efforts to Exit FATF Blacklist

By Nithya Subramanian | 10/06/2025

Myanmar’s Central Body on Anti-Money Laundering met as officials push to complete its FATF action plan and prepare for the 2029 mutual evaluation.

AML / KYC

Beijing Issues Framework for Liquidating Seized Crypto via Hong Kong

By Manesh Samtani | 09/06/2025

Under the framework, third-party agencies will be appointed to sell seized crypto assets through licensed platforms in Hong Kong.

AML / KYC

A Paradigm Shift in How We Fight Financial Crime

By Hiroshi Ozaki | 09/06/2025

At a recent roundtable in Tokyo, participants discussed strategies to fight financial crime in the age of AI and globalisation.

Crypto / Digital Assets

SEC Philippines Finalises Regulatory Framework for Crypto Industry

By Mark Johnston | 09/06/2025

SEC mandates registration and licensing for crypto asset service providers (CASPs) to enhance consumer protection and combat fraud.

Securities / Derivatives

Taiwan Eases Foreign Securities Rules for High-Net-Worth Investors

By Editors | 09/06/2025

Taiwan’s FSC has relaxed age restrictions and custody rules to enable securities firms to better cater to sophisticated investors.

AML / KYC

SFC Directs Brokers to Enhance Security Against SMS Phishing Scams

By Sanday Chongo Kabange | 09/06/2025

Hong Kong’s SFC has directed brokers to implement robust and up-to-date measures to safeguard against cyber fraud and SMS phishing scams.

Fintech / Regtech

Financial Sector Must Act to Curb Rise in Child Identity Theft

By Nithya Subramanian | 09/06/2025

A white paper from LSEG Risk Intelligence proposes several practical measures FIs can adopt immediately to protect children.