KYC & CDD

KYC & CDD

Singapore FinTech Association to Launch Accelerator Programme

By Nithya Subramanian | 08/09/2025

The initiative will identify and scale high-potential fintechs with solutions in eKYC, digital onboarding, and alternative data scoring.

PEPs & Sanctions

ASO Provides Key Technical Details for Consolidated List Overhaul

By Editors | 08/09/2025

Firms given detailed guidance on alias strength, data formats, and a hard cut-off date as the 1 November deadline for sanctions list changes approaches.

Anti-Money Laundering

Myanmar Tightens Corporate Rules to Combat "Terrorism" Threat

By Nithya Subramanian | 06/09/2025

Myanmar's Directorate of Investment and Company Administration is ordering companies to submit extensive new information, including bank account details and directors' home addresses.

KYC & CDD

UnionBank Goes Live on Philippine Open Finance Pilot for Pensions

By Editors | 06/09/2025

UnionBank is among the first to launch a BSP-led initiative using consent-based data sharing to simplify retirement account opening.

Anti-Money Laundering

Luxembourg Fines Alipay Europe for AML Breaches

By Sanday Chongo Kabange | 03/09/2025

The CSSF identified significant failures in transaction monitoring, customer due diligence, and outsourcing oversight at the electronic money institution.

Anti-Money Laundering

Malaysia: UBB Investment Bank Case Set for Mention on 26 September

By Nithya Subramanian | 02/09/2025

A Malaysian court will hear further mention in the case against UBB Investment Bank, which faces 53 charges of failing to file STRs and an additional charge of inadequate due diligence.

Anti-Money Laundering

Australia's AML/CTF Rules Seek Simplicity As FATF Deadline Looms

By Nathan Lynch | 02/09/2025

The Australian government has released the final version of the long-awaited AML/CTF Rules, ushering in the biggest change to the regime in two decades, writes Nathan Lynch.

Anti-Money Laundering

Taiwan FSC Details Widespread AML and Security Flaws at VASPs, Banks

By Editors | 01/09/2025

The FSC has published examination findings for H1 2025, revealing significant deficiencies in customer due diligence and cybersecurity.

Structural Regulation

Korea Move to Make Property Curbs Permanent for Foreign Investors

By Mark Johnston | 01/09/2025

Lawmakers are fast-tracking legislation to curb speculative foreign investment in real estate and address claims of reverse discrimination against locals.