KYC & CDD

    News on regulatory requirements, innovations, and challenges in customer identification, risk assessments, and due diligence processes for financial institutions.

    KYC & CDD

    S. Korea FSC Eases Bank Account Opening Process

    By Editors | 19/05/2015

    Customers opening new bank accounts will no longer be required to visit bank offices in person

    Anti-Money Laundering

    FATCA in Full Force

    By Peter Guy | 19/05/2015

    For the first time in history, the US Government wields an international array of law enforcement tools specially designed to pursue tax evasion. But, what are the repercussions?

    Anti-Money Laundering

    HKMA Requires New Tax Checks on Banks’ Clients

    By Editors | 18/05/2015

    In a push to monitor money laundering in the banking system, Hong Kong regulators have asked banks to look into customer’s filings to see if they’re paying their dues.

    KYC & CDD

    Making KYC Accessible for Smaller Banks

    By Editors | 26/03/2015

    SWIFT has introduced a free-to-use utility that will help smaller institutions achieve compliance and reduce the cost and problems of procedures.

    Structural Regulation

    Challenges in India’s Regulatory Landscape

    By Peter Guy | 12/03/2015

    India Regulatory Summit highlights how international financial regulations can work in a developing economy.

    Anti-Money Laundering

    India’s RBI Tightens Compliance Amid Iran Export Scam Probe

    By Editors | 10/02/2015

    The Reserve Bank of India (RBI) has ordered banks to tighten monitoring of export finance deals, saying lenders should ensure that only legitimate export advances flow into India.

    Operational Risk

    Taiwan Conference Reveals Local Compliance Challenges

    By Peter Guy | 09/12/2014

    Event brings together local regulators and finance professionals along with international speakers.

    KYC & CDD

    S. Korea Gets Tough on Fake Identities in Asset Deals

    By Editors | 26/11/2014

    South Korea has plugged loopholes in regulations on an illegal practice of engaging in monetary transactions under a false identity.

    KYC & CDD

    A New World of Anti-Money Laundering Due Diligence

    By Peter Guy | 20/10/2014

    A radical change in regulatory requirements is redefining the entire compliance process.

    Structural Regulation

    Making Compliance and Regulation a Competitive Advantage

    By Peter Guy | 24/09/2014

    Proactive strategies for optimising compliance systems will play a key role in bank business development.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.