Anti-Money Laundering

Cryptocurrency

China Threatens to Close Bitcoin Exchanges

By Samuel Riding | 09/02/2017

Exchanges have imposed trading fees in response to PBOC inquiries.

Cybersecurity

Indonesia Surfs Fintech Wave to Financial Inclusion

By Samuel Riding | 09/02/2017

How OJK is backing technology to form entirely new financial ecosystems.

Cryptocurrency

BSP Sets Virtual Currency Exchange Rules

By Samuel Riding | 09/02/2017

New guidelines aim to regulate digital currencies used in financial services delivery to curb AML, CTF.

KYC & CDD

Thomson Reuters Buys Clarient, Avox

By Samuel Riding | 07/02/2017

Thomson Reuters signed definitive agreements to acquire Clarient Global LLC and Avox Limited. Clarient is a global KYC (Know Your […]

Anti-Money Laundering

Indonesia Tax Amnesty Nets $7.99bn

By Samuel Riding | 06/02/2017

Funds repatriated funds through government’s programme increase by $1.16bn in a month.

Anti-Money Laundering

Australia, Indonesia Forge CTF Alliance

By Samuel Riding | 03/02/2017

7-year agreement includes information sharing, cyber project to fight terrorism financing.

Anti-Money Laundering

FINMA Orders ‘Coutts’ to Pay $6.5mn for 1MDB Breaches

By Samuel Riding | 03/02/2017

Swiss regulator says bank’s own legal unit suspected transaction information was ‘entirely fabricated’.

Anti-Money Laundering

Philippine AMLC Chief Quits

By Samuel Riding | 01/02/2017

Resignation follows last year’s harsh criticism from president Duterte.

Anti-Money Laundering

Indonesian Money Changers Said to Distribute $300mn in Drug Proceeds

By Samuel Riding | 01/02/2017

Investigator says four dealers operating without a license, two in breach of central bank regulations.