Anti-Money Laundering

Anti-Money Laundering

AML & Open Data: The End of Privacy?

By Editors | 08/12/2016

Why regulation alone will not address risks arising from technological advances.

Resolution & Recovery

FSB RCG Asia Details Workplan, Policy Priorities

By Samuel Riding | 06/12/2016

Group met to discuss macroprudential frameworks, fintech, and correspondent banking.

Anti-Money Laundering

Philippines Set to Boost AML Council Powers

By Samuel Riding | 02/12/2016

Strengthened AML Act would include power to immediately freeze accounts.

Anti-Money Laundering

StanChart Fined $3.8mn as MAS 1MDB Probe Nears Conclusion

By Samuel Riding | 02/12/2016

Former Goldman Sachs director banned from regulated activity for making false statements.

Anti-Money Laundering

S.Korea to Create National AML/CTF Alert System

By Samuel Riding | 30/11/2016

Finance minister says to extend reporting requirements to non-financial institutions.

AI Risk & Governance

Regtech in Asia – Regulators Playing Catch-up

By Samuel Riding | 29/11/2016

Regulators appear to be lagging behind market infrastructure and institutions in using technology.

Anti-Money Laundering

BIS Consults on AML/CTF in Correspondent Banking

By Samuel Riding | 25/11/2016

Draft includes developing a risk-based approach; BIS aims to stop transactions going underground.

Anti-Money Laundering

Australia-Jordan to Exchange CTF Information

By Samuel Riding | 25/11/2016

Closer to home, AUSTRAC releases study on AML/CTF risks in superannuation funds.

Anti-Money Laundering

Philippines AML Council Files Charges Against RCBC Officials

By Samuel Riding | 24/11/2016

Regulator says officials should have acted on ‘red flags’ on Bangladesh heist money.