Anti-Money Laundering

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.

Anti-Money Laundering

Bangladesh Central Bank to Install New SWIFT System

By Samuel Riding | 30/01/2017

New cybersecurity system aims to avoid ‘unwanted incidents’ in overseas payments.

Anti-Money Laundering

PBOC Orders Banks to up Scrutiny of Overseas Business

By Samuel Riding | 30/01/2017

Banks should review acquisition targets’ future profitability, strengthen AML/CTF supervision.

Anti-Money Laundering

HK Regulator Details AML/CTF Failures

By Samuel Riding | 27/01/2017

SFC identified 200 instances of non-compliance during 2016 inspections.

Market Abuse

India to Tighten P-Note Regulation

By Samuel Riding | 24/01/2017

SEBI chairman cites concerns about tax evasion, stock price manipulation.

Anti-Money Laundering

Philippines Tightens Money Service Rules

By Samuel Riding | 23/01/2017

New rules limit cash transactions, require compliance with Anti-Money Laundering Act provisions.

Anti-Money Laundering

SEBI Tightens Commodity Futures Trading Rules

By Samuel Riding | 23/01/2017

Move aims to curb tax evasion through illiquid contracts.

AI Risk & Governance

The Whys and Whats of Regtech

By Nick Wakefield | 19/01/2017

Speakers at Fintech Finals discuss the rationale for regtech, and where it can be of most use.

Anti-Money Laundering

Singapore Accounting Regulator to Enhance Reporting Transparency

By Samuel Riding | 19/01/2017

Move aims to enhance governance standards, align with global AML, CTF standards.