KYC & CDD

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

    KYC & CDD

    Philippine Central Bank to Issue Circular on Online Gambling Risks

    By Sanday Chongo Kabange | 04/07/2025

    The BSP says it will require banks and electronic money issuers to better protect users of their digital platforms from online gambling risks.

    Anti-Money Laundering

    How Hong Kong is Tackling the Money Mule Threat

    By Manesh Samtani | 04/07/2025

    Industry experts discussed the growing sophistication of money mule networks and the complexities of detecting and offboarding suspicious accounts.

    Anti-Money Laundering

    AUSTRAC Orders External Audit of Western Union Over “Core” AML Issues

    By Sanday Chongo Kabange | 04/07/2025

    AUSTRAC’s concerns are “core anti-money laundering issues” and whether Western Union’s AML/CTF programme is functional.

    Anti-Money Laundering

    Japan FSA Flags Banks, Crypto as High-Risk for Money Laundering

    By Editors | 03/07/2025

    The FSA will focus on verifying the effectiveness of AML/CFT systems at FIs in preparation for the next FATF mutual evaluation.

    image

    KYC & CDD

    SEBI Allows Use of NPCI’s e-KYC Setu for Aadhaar Verification

    By Nithya Subramanian | 03/07/2025

    Registered intermediaries can use NPCI’s e-KYC Setu System as an additional method for Aadhaar-based digital KYC.

    image

    Conduct, Culture & Accountability

    Taiwan to Impose Consumer Protection Rules on Major Non-bank Lenders

    By Editors | 02/07/2025

    The FSC will impose strict new conduct, disclosure, and debt collection rules on major finance and leasing companies.

    image

    Anti-Money Laundering

    China Imposes New AML Rules on Precious Metals and Gems Dealers

    By Manesh Samtani | 02/07/2025

    New rules effective 1 August require dealers to conduct due diligence and report cash transactions over CNY 100,000.

    image

    KYC & CDD

    RBI Tightens Rules for Aadhaar Payment Operators to Curb Fraud

    By Editors | 01/07/2025

    New rules mandate stricter due diligence and ongoing risk monitoring for AePS touchpoint operators to protect customers from fraud.

    image

    Anti-Money Laundering

    Singapore Implements Tougher AML/CFT Rules for Financial Sector

    By Manesh Samtani | 01/07/2025

    Stricter rules targeting proliferation financing and tightening suspicious transaction reporting deadlines for FIs are now in effect.

    image

    Anti-Money Laundering

    MAS Fines Five Payment Firms for AML/CFT Lapses

    By Nithya Subramanian | 01/07/2025

    MAS investigations found lapses in customer due diligence, identifying beneficial owners and cross-border transaction monitoring.

    JOIN OUR NEWSLETTER

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