Anti-Money Laundering

KYC & CDD

China Regulators Confirm Readiness for CRS

By Samuel Riding | 22/05/2017

Six departments including banking and securities regulator confirm 1 July kick-off.

KYC & CDD

Indonesia Ends Banking Secrecy

By Editors | 18/05/2017

Tax authorities can now access accounts held by Indonesian citizens and foreigners.

Market Abuse

SEBI Investigating $5bn Penny Stock Scam

By Samuel Riding | 17/05/2017

Indian securities regulator has been using data analytics and surveillance to identify culprits.

Anti-Money Laundering

Bangladesh to Tighten Mobile Remittance Rules

By Samuel Riding | 15/05/2017

Mobile financial services have grown from nothing to 14% of total remittances in just four years.

KYC & CDD

Due Diligence – Separating Truth from Fiction in Southeast Asia

By Samuel Riding | 04/05/2017

Regulation Asia-Kroll roundtable with senior risk and compliance executives explores the latest issues in an increasingly complex, risky area.

KYC & CDD

HKMA Eyeing KYC Utility

By Samuel Riding | 27/04/2017

Deputy chief executive acknowledges heightened due diligence on account opening has harmed Hong Kong’s reputation.

Cryptocurrency

Bitcoin Forum Reveals PBOC Rectification Order

By Samuel Riding | 26/04/2017

Exchanges told to adhere to regulations on securities, futures and forex; tighten AML controls.

Anti-Money Laundering

MAS, Singapore Police Set up AML/CTF Partnership

By Samuel Riding | 25/04/2017

Group including 8 Singapore banks will ‘enhance detection and mitigation of transnational risks’.

Cryptocurrency

India Eyes Virtual Currency Regulation

By Samuel Riding | 13/04/2017

Committee launched 2 months after central bank reminder that all VC platforms are unlicensed.