KYC & CDD

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.

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.

KYC & CDD

HK SFC Eyes ‘Unusual Volatility’ on GEM

By Samuel Riding | 23/01/2017

New guidelines aim to address ‘unusual high volatility’ on listed GEM securities.

KYC & CDD

Philippine Authorises ‘Cash Agents’ in Financial Inclusion Drive

By Samuel Riding | 20/01/2017

Banks will be allowed to use off-site agents, including at convenience stores, to provide withdrawals, conduct KYC.

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.

Market Abuse

Ex HSBC, Deutsche Traders Guilty of Deception

By Samuel Riding | 19/01/2017

Investigation finds traders failed to disclose beneficial ownership, illegally profited from trades.

KYC & CDD

Thailand Tightens Unrated Bonds KYC Monitoring

By Samuel Riding | 09/01/2017

Almost half of country’s $7.3bn in unrated bonds are bills of exchange.

Cryptocurrency

PBOC Hones in on Bitcoin Risks

By Samuel Riding | 09/01/2017

Central bank reminds institutions bitcoin is not legal tender.

KYC & CDD

Taiwan Signs up to FATCA

By Samuel Riding | 03/01/2017

Previously only reported number of clients and total amount held in Taiwanese accounts.