ADVERTISEMENT
Anti-Money Laundering
Coverage of global AML regulations, compliance standards, enforcement actions, and innovations in detecting and preventing money laundering activities.
Supervision & Enforcement
Fed Terminates Enforcement Action Against Silvergate Bank
By Editors | 31/07/2024
The enforcement action has been in effect since May 2023 to protect depositors. Silvergate has since completed its liquidation and wind-down plan and paid back depositors.
AI Risk & Governance
Regulating GenAI: New Tools, Old Challenges
By Bradley Maclean | 30/07/2024
Striking the right balance between automation and human expertise is vital to ensure the effective use of GenAI technology.
Cryptocurrency
India to Issue Policy Paper on Crypto ‘Before September’
By Ajoy K Das | 30/07/2024
The paper will include proposals on the scope of cryptocurrency regulations, based on the IMF-FSB roadmap adopted by the G20 last year.
Anti-Money Laundering
US Treasury Launches Amazon Initiative to Combat Nature Crimes
By Nithya Subramanian | 30/07/2024
The initiative will enable authorities in Amazon Basin countries to pursue money laundering investigations against illicit actors involved in nature crimes.
Fraud, Scams & Cybercrime
Interpol Issues Red Notices for Hong Kong Crypto Promoters
By Sanday Chongo Kabange | 30/07/2024
The HKPF had asked Interpol to help locate the crypto promoters over their suspected role in a cryptocurrency deception case.
Fraud, Scams & Cybercrime
India, FBI Arrest 43 in Joint Operation Against Cybercrime Network
By Ajoy K Das | 30/07/2024
The cyber-enabled financial crime network operated in multiple countries and is estimated to have defrauded people of over $20mn.
Anti-Money Laundering
New Zealand DIA Issues New AML-CFT Guidance for VASPs
By Sanday Chongo Kabange | 29/07/2024
The guidance clarifies that the travel rule does not apply to transfers to un-hosted/self-hosted wallets, but that customer due diligence is still required.
KYC & CDD
France Restricts Access to Beneficial Ownership Register
By Editors | 29/07/2024
Competent authorities, professionals subject to AML/CFT obligations, and certain other individuals and entities will still be able to access the data.
Anti-Money Laundering
A Whole New World for the Financial Action Task Force?
By Fatima Alsancak | 29/07/2024
With the next round of country assessments starting, the new FATF President has a lot of work to do over the next two years.
Anti-Money Laundering
UK Launches Data Sharing Project to Tackle Organised Crime
By Editors | 29/07/2024
Seven UK banks will share information on customers with the NCA if certain markers of potential criminal behaviour are met.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.