Anti-Money Laundering

Anti-Money Laundering

Singapore Toughens Penalties for AML/CTF Offences

By Manesh Samtani | 21/11/2018

Penalties are being raised for AML/CTF offences and failures to file suspicious transaction reports, while Singapore also expands on its arrangements with foreign FIUs.

Payments & Settlements

MAS Payment Services Bill Finalised, Tabled in Parliament

By Manesh Samtani | 19/11/2018

The Bill aims to provide a more conducive environment for innovation in payment services, while ensuring that risks across the payments value chain are mitigated.

Anti-Money Laundering

Taiwan’s Progress Impresses APG, Despite Some Shortcomings

By Manesh Samtani | 19/11/2018

The APG was reportedly impressed by Taiwan’s performance during its third round of mutual evaluations, which concluded last week.

AI Risk & Governance

Regulation Asia Awards for Excellence 2018 – Results Announcement

By Editors | 16/11/2018

Regulation Asia held its first ever Awards ceremony on 13 November to recognise technology companies, legal and consulting firms, and exchanges that have helped shape the regulatory landscape in Asia Pacific over the past year.

Anti-Money Laundering

Regulation Asia Awards ‘Law Firm of the Year’ to Herbert Smith Freehills

By Editors | 15/11/2018

Herbert Smith Freehills has been awarded Law Firm of the Year in the inaugural Regulation Asia Awards for Excellence 2018.

Anti-Money Laundering

Refinitiv Wins Best Anti-Money Laundering Solution

By Editors | 15/11/2018

Refinitiv has been awarded the Best Solution in Anti-Money Laundering in the inaugural Regulation Asia Awards for Excellence 2018.

KYC & CDD

Appway Wins Best Solution in Customer Onboarding

By Editors | 15/11/2018

Appway has been awarded the Best Solution in Customer Onboarding in the inaugural Regulation Asia Awards for Excellence 2018.

Anti-Money Laundering

SWIFT Wins Big Data & Analytics RegTech Award

By Editors | 15/11/2018

SWIFT has won the RegTech Award for Big Data & Analytics in the inaugural Regulation Asia Awards for Excellence 2018.

PEPs & Sanctions

OFAC Highlights Potential Gap in Singapore’s Sanctions Regime

By Eric A. Sohn | 15/11/2018

Singapore can do more to prevent sanctions violations by domestic firms playing out on the international stage, says Eric A. Sohn at Dow Jones Risk & Compliance.