Anti-Money Laundering

Conduct, Culture & Accountability

A Compliance Nightmare – When Bank Acquisitions Go Bad

By Peter Guy | 20/06/2016

HSBC’s Household International shows how banks can lose more than 100% on their acquisitions.

Anti-Money Laundering

MAS Sets Up Dedicated AML Unit

By Samuel Riding | 14/06/2016

Singapore regulator will also create new enforcement unit, drawing in staff from different divisions.

Anti-Money Laundering

Macau Tightens AML Rules

By Samuel Riding | 07/06/2016

Casinos must keep daily records and hire compliance officers.

KYC & CDD

KYC Takes on a Whole New Meaning

By Peter Guy | 06/06/2016

Know your customer used to be an important principle. Now you can go to jail for KYC shortcomings. The market reacts.

AI Risk & Governance

New Frontiers in Regtech

By Samuel Riding | 01/06/2016

Technology is proving its value beyond KYC and AML and improving both compliance and regulatory oversight.

Anti-Money Laundering

1MDB, BSI and the Tectonic Shift in Swiss Banking

By Peter Guy | 30/05/2016

Beyond recent revelations, new regulations and prosecution powers will reshape an industry’s entire future.

Anti-Money Laundering

Asia Next Up for US Tax Crackdown

By Samuel Riding | 27/05/2016

Banks with links to avoidance should start submitting to scrutiny now, according to Withers.

Anti-Money Laundering

MAS Orders Branch of Swiss Private Bank to Shut Down

By Samuel Riding | 24/05/2016

Regulator says bank involved in Singapore’s ‘worst case of control lapses and gross misconduct’.

KYC & CDD

SEBI Tightens KYC for Offshore Derivatives

By Samuel Riding | 20/05/2016

Securities regulator to require monthly reports on transfer flow from P-Note issuers.