KYC & CDD

Anti-Money Laundering

Singapore Trusts Face Stricter Reporting Rules

By Samuel Riding | 01/03/2017

Trustees would be required to report beneficial ownership details, maintain ‘proper accounting records’.

Anti-Money Laundering

FATF Revises CTF Methodology

By Samuel Riding | 27/02/2017

Activities including natural resources trade included in definition of ‘economic support’ to terrorists.

KYC & CDD

Indonesia Rushes to Complete CRS Legislation

By Samuel Riding | 24/02/2017

Government considering urgent ‘regulation in lieu of law’ on banking secrecy.

Anti-Money Laundering

Pakistan Tightens AML/CTF Rules, Monitoring

By Samuel Riding | 22/02/2017

Banks, development financial institutions and micro-finance banks required to identify beneficial owners.

Anti-Money Laundering

China Banks to Enhance Risk Control in Overseas Expansion

By Samuel Riding | 15/02/2017

Move aims to ensure compliance at Chinese lenders’ more than 200 overseas branches.

KYC & CDD

SEBI Close to Tightening P-note Rules

By Samuel Riding | 10/02/2017

Regulator in advanced stages of discussion with special investigation team.

Cybersecurity

Indonesia Surfs Fintech Wave to Financial Inclusion

By Samuel Riding | 09/02/2017

How OJK is backing technology to form entirely new financial ecosystems.

Cybersecurity

Pakistan Investigating Mastercard-ID Database Deal

By Samuel Riding | 08/02/2017

Agreement with Pakistan’s National Database and Registration Authority inked in January.

KYC & CDD

Thomson Reuters Buys Clarient, Avox

By Samuel Riding | 07/02/2017

Thomson Reuters signed definitive agreements to acquire Clarient Global LLC and Avox Limited. Clarient is a global KYC (Know Your […]