ADVERTISEMENT
AML / KYC
RUSI Calls On FATF to Devise Financial Inclusion Strategy
By Editors | 15/06/2021
Little concrete work has been done by the FATF so far to actively promote financial inclusion as part of its primary integrity mandate.
AML / KYC
Japan FSA Sets Hard Deadline for Full AML/CFT Compliance
By Editors | 07/06/2021
The FSA has directed FIs to formulate a plan that ensures full compliance with its AML/CFT guidelines by March 2024.
AML / KYC
G7 Backs – but Looks Beyond – Mandatory Climate Disclosures
By ESG Investor | 07/06/2021
TCFD, IASB frameworks endorsed; communique also calls for progress on impact, nature-based and beneficial ownership reporting.
AML / KYC
Hong Kong’s Proposed Licensing Regime for VASPs
By Michael P Wong | 06/06/2021
Dechert partner Michael Wong looks at the potential impact of Hong Kong’s newly proposed licensing regime for virtual asset service providers.
AML / KYC
APG Publishes 2nd Follow-up Report on Pakistan
By Editors | 04/06/2021
Pakistan had requested a re-rating on 23 FATF Recommendations: 21 were upgraded, one was not re-rated, and one was downgraded.
AML / KYC
HKMA Urges Banks to Use iAM Smart in Remote Onboarding
By Manesh Samtani | 25/05/2021
The HKMA clarifies that when iAM Smart is used for identity verification, record keeping requirements may be met by retaining data obtained via API.
AML / KYC
Hong Kong to Bar Retail Investors from Crypto Trading
By Manesh Samtani | 24/05/2021
Hong Kong’s FSTB has issued consultation conclusions on the new licensing regime for VASPs and a new registration regime for precious metals dealers.
AML / KYC
Philippine AMLC to Penalise Firms for Incorrect STR Filings
By Manesh Samtani | 23/05/2021
AMLC Executive Director Mel Georgie Racela told Regulation Asia that incorrect STR filings identified in a recent review will result in supervisory action.
AML / KYC
Proliferation Financing Risk: A Due Diligence Challenge
By Manesh Samtani | 19/05/2021
Measures for detecting proliferation financing risk are designed to help identify sanctions evasion and uncover the beneficial owners of corporate entities.
AML / KYC
Pakistan to Pass Two New Laws to Meet FATF Action Plan
By Sanday Chongo Kabange | 15/05/2021
The laws cover the handling of forfeited properties and assets, and the transfer of money laundering cases to specialised agencies.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.