Anti-Money Laundering

KYC & CDD

CRS in APAC – Are Organisations Ready?

By Editors | 24/11/2016

APAC survey benchmarks ‘state of readiness’ and emerging implementation trends.

Cryptocurrency

S.Korea Planning Bitcoin Exchange Regulation

By Samuel Riding | 22/11/2016

Multi-agency task force to consider Japan, US and EU regulatory models.

Anti-Money Laundering

India Uncovers $2.34bn of Illegal Broker Transactions

By Samuel Riding | 22/11/2016

Tax office says brokerage ‘never bothered to verify KYC norms’.

Anti-Money Laundering

Taiwan to Toughen AML Legislation

By Samuel Riding | 18/11/2016

Financial institutions will be required to set up dedicated AML/CTF units for the first time.

Anti-Money Laundering

Duterte Accuses BSP, AMLC of Recklessness

By Samuel Riding | 16/11/2016

Philippines president says regulators are not cooperating with government money laundering investigations.

PEPs & Sanctions

HKMA Repeats N.Korea, Iran Warnings

By Samuel Riding | 16/11/2016

FATF plenary has said N.Korea is failing to address illicit funding, proliferation.

Anti-Money Laundering

AUSTRAC to Revise AML/CTF Regulations

By Samuel Riding | 15/11/2016

Draft proposals would allow non-permissioned collection, verification of customer information.

Anti-Money Laundering

Pakistan Boosts Regulator’s AML/CTF Powers

By Samuel Riding | 14/11/2016

SECP gains powers to ensure sufficient measures are taken against illicit financing.

Anti-Money Laundering

Beware Blockchain – HKMA

By Samuel Riding | 14/11/2016

Digital platforms seen as potential channel for illicit financing; could compromise data security.