Anti-Money Laundering

Anti-Money Laundering

FATF Identify AML/CFT Risk Countries

By Editors | 25/10/2013

The Financial Action Task Force (FATF) has issued a statement highlighting jurisdictions that have strategic deficiencies that pose a risk […]

Anti-Money Laundering

Singapore Conducts Assessment of Money Laundering and Terrorist Financing

By Editors | 22/10/2013

Singapore has launched a comprehensive assessment of money laundering and terrorist financing risk in the country. A joint steering committee […]

Anti-Money Laundering

FATCA Registry will Aid Foreign Financial Institutions’ Compliance Efforts

By Editors | 02/10/2013

The recent creation of a new online registration system for financial institutions to register with the U.S. Internal Revenue Service (IRS) will benefit compliance and legal staff.

Anti-Money Laundering

China to sign Multilateral Tax Convention

By Editors | 26/08/2013

China is joining the group of more than 50 developed and developing countries, including all G20 members, which are signatories […]

Anti-Money Laundering

Many Hong Kong institutions not ready for FATCA

By Editors | 09/08/2013

Hong Kong’s banks should put to good use the recent decision by the U.S. Treasury to delay the implementation of the Foreign Account Tax Compliance Act (FATCA), said a local industry official.

KYC & CDD

US & Japanese Issue Statement on FATCA

By Editors | 09/08/2013

The US and Japanese authorities have issued a joint statement to facilitate the implementation of the Foreign Account Tax Compliance […]