KYC & CDD

Capital Adequacy

ICBC Extends AxiomSL Deployment to CRS, FATCA

By Samuel Riding | 17/05/2016

Platform initially deployed in 2013 to Basel and local regulatory requirements.

KYC & CDD

Singapore Eyes Tighter Listing Due Diligence Standards

By Samuel Riding | 16/05/2016

Banks should check board, management quality, financial position; examine inventory and ‘biological assets’.

Anti-Money Laundering

Singapore Banks Eye AML Cooperation

By Samuel Riding | 09/05/2016

DBS, OCBC and UOB in talks on shared information system.

KYC & CDD

India Confirms NGO Contribution Requirements

By Samuel Riding | 27/04/2016

Banks must report foreign contributions to NGO accounts within 48 hours of receipt.

Fraud, Scams & Cybercrime

Self-regulator to Crack Down on China Hedge Funds

By Samuel Riding | 18/04/2016

AMAC issues new rules to regulate burgeoning private fund management industry.

KYC & CDD

Banks Rethink APAC Strategy as KYC Risks, Costs Mount

By Samuel Riding | 11/04/2016

Regulation Asia research finds 64% of financial institutions are considering fundamental changes to business.

KYC & CDD

Revealed – Asian Institutions’ KYC Disconnect

By Editors | 11/04/2016

Divergent attitudes of staff at different organisational levels illustrate difficulties in implementing culture of compliance.

Anti-Money Laundering

Panama Shell Games

By Peter Guy | 09/04/2016

The real story of the Panama Papers is the failure of regulations to stop tax havens.

KYC & CDD

Indonesia to Use Credit Card Data to Catch Tax Cheats

By Samuel Riding | 06/04/2016

Tax authorities will be able to access account numbers, card owner names and tax identification numbers.