KYC & CDD

KYC & CDD

SEBI Takes Call for Unified KYC to Finance Ministry

By Samuel Riding | 06/04/2016

Regulator asks ministry to allow acceptance of bank KYC for fund accounts.

Anti-Money Laundering

Philippine Stock Exchange to Tighten AML Measures

By Samuel Riding | 05/04/2016

Enhanced KYC rules to be introduced in aftermath of Bangladesh Bank scandal.

Anti-Money Laundering

Gambling with Financial Inclusion

By Peter Guy | 29/03/2016

Casinos exemption from AML could jeopardise the money transfer and remittance services on which Philippines’ economy depends.

KYC & CDD

PBOC, CBRC Back New Mortgage Rules

By Samuel Riding | 28/03/2016

Shanghai raises minimum down payment requirements amid overheating fears.

KYC & CDD

India to Simplify Securities KYC

By Samuel Riding | 21/03/2016

SEBI proposes to scrap requirement for fresh KYC if investors already have a bank account.

Anti-Money Laundering

Philippines Banking Association Eyes Financial Crime Unit

By Samuel Riding | 17/03/2016

Incoming BAP president to consider predecessor’s recommendation for AML, CTF committee.

Fraud, Scams & Cybercrime

Indian Banks Urge Use of Big Data on Bad Loans

By Editors | 11/03/2016

Lenders ask Reserve Bank of India to use big data for fraud detection and information sharing.

Anti-Money Laundering

FSS Asks Credit Card Firms to Improve AML

By Editors | 11/03/2016

Lotte and Hana warned about poor customer management.

Fraud, Scams & Cybercrime

China’s Growing Fraud Problem

By Peter Guy | 04/03/2016

Kroll’s Violet Ho discusses the cultural and business context of financial fraud in China.