Anti-Money Laundering

Structural Regulation

Asian Financial Cooperation Association to Launch in July

By Samuel Riding | 31/03/2016

Association to develop standards on financial innovation, financial infrastructure construction and risk management.

Anti-Money Laundering

Gambling with Financial Inclusion

By Peter Guy | 29/03/2016

Casinos exemption from AML could jeopardise the money transfer and remittance services on which Philippines’ economy depends.

Anti-Money Laundering

Australia Set to Bring Bitcoin Under AML/CTF Law

By Samuel Riding | 22/03/2016

Government’s recommends virtual currency be recognised as money under tax legislation.

Structural Regulation

Myanmar to Issue New Banking Rules

By Samuel Riding | 17/03/2016

Regulations to cover bank corporate governance, foreign stakes and AML.

Anti-Money Laundering

Philippines Banking Association Eyes Financial Crime Unit

By Samuel Riding | 17/03/2016

Incoming BAP president to consider predecessor’s recommendation for AML, CTF committee.

Anti-Money Laundering

FSS Asks Credit Card Firms to Improve AML

By Editors | 11/03/2016

Lotte and Hana warned about poor customer management.

Payments & Settlements

The Cashless Economy – Closer Than You Think

By Peter Guy | 29/02/2016

Determined financial regulation and proven technology could result in the cashless society needed for negative rates.

Anti-Money Laundering

Malaysia Joins FATF

By Samuel Riding | 21/02/2016

Financial Action Task Force cites country’s commitment to action plan after 2015’s mutual evaluation.

KYC & CDD

Correspondent Banking KYCC ‘Impossible’ in HK, Singapore – Thomson Reuters

By Samuel Riding | 27/01/2016

Both jurisdictions said unlikely to implement FATF recommendations before the end of this decade.