Anti-Money Laundering

    Coverage of global AML regulations, compliance standards, enforcement actions, and innovations in detecting and preventing money laundering activities.

    Tokenisation

    Singapore Brings ICO’s Within Regulatory Ambit

    By Garima Chitkara | 02/08/2017

    Singapore regulator announces intention to regulate ICO’s that share characteristics of debt or equity securities.

    Anti-Money Laundering

    Korea Regulator Flags Weaknesses in Foreign Banks’ AML

    By Editors | 31/07/2017

    FSS reveals details of AML audits covering banks and other financial services providers, says to impose strict sanctions against regulatory […]

    KYC & CDD

    China CRS Less Burdensome than Expected

    By Editors | 27/07/2017

    But law firm warns that CRS elsewhere is likely to have greater impact on Chinese residents, particularly those who invest […]

    KYC & CDD

    Singapore Regtechs Innovate New KYC Methods

    By Editors | 24/07/2017

    Regtech firms Silent Eight and Black Swan technologies emerge from OCBC’s Open Vault to cut KYC processes from up to […]

    Cryptocurrency

    India Could Bring Bitcoin Regulation Under SEBI

    By Editors | 18/07/2017

    Despite earlier talk of blanket ban, panel set up in April close to agreeing model which would give bitcoin similar status to a commodity.

    Fraud, Scams & Cybercrime

    AUSTRAC Warns on Fraud, Money Laundering via Stock, Derivatives Markets

    By Editors | 13/07/2017

    Fraud, money laundering more prevalent than even insider trading or market manipulation, Centre suggests; only 40% of market participants filed suspicious matter reports over 2-year period.

    Anti-Money Laundering

    Singapore Banker Gets 2nd Conviction for 1MDB-related Offences

    By Editors | 13/07/2017

    Former wealth manager at shuttered Singapore office of Swiss bank BSI to serve further two years for money laundering after witness tampering sentence ends.

    Anti-Money Laundering

    Japan FSA Probing AML Compliance at Regional Banks

    By Editors | 12/07/2017

    Regulator concerned rules introduced last October are not being executed consistently as regional and other smaller banks deal with increasing number of international transactions.

    Market Abuse

    US Regulators Flex Muscles in Asia

    By Editors | 06/07/2017

    Grip could be set to get even tighter if DOJ proposals on accessing documents, expanding AML predicates are implemented.

    Market Risk

    HKMA to Help Support Banks’ Business – KPMG

    By Editors | 04/07/2017

    Report suggests financial stability issues are becoming less pressing, HKMA will encourage growth.

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