Financial Action Task Force

AML / KYC

AML Now a Top Concern for Chinese Regulators, and a Worry for Banks

By Yaqi Bao | 24/01/2018

It is clearer than ever that Chinese regulators take AML as a major priority, but domestic banks can lack the expertise to meet ever-increasing requirements.

AML / KYC

Hong Kong’s Changing AML Landscape

By Kane Mak | 13/09/2017

AML/CTF efforts in Hong Kong are gaining momentum as it gears up for the upcoming mutual evaluation by FATF in 2018.

AML / KYC

Philippines Removed from AML/CTF Blacklist

By Samuel Riding | 16/08/2017

Asia / Pacific Group also removes Pakistan, Taiwan and Vietnam from list of closely monitored countries after improvements in AML/CTF regimes.

AML / KYC

Japan FSA Probing AML Compliance at Regional Banks

By Editors | 12/07/2017

Regulator concerned rules introduced last October are not being executed consistently as regional and other smaller banks deal with increasing number of international transactions.

AML / KYC

BSP to Mandate Multi-factor Authentication

By Samuel Riding | 10/04/2017

Measures are a reaction to rising threat of cybercrime.

AML / KYC

FATF Revises CTF Methodology

By Samuel Riding | 27/02/2017

Activities including natural resources trade included in definition of ‘economic support’ to terrorists.

AML / KYC

New SEBI Chief Appointed

By Samuel Riding | 13/02/2017

Senior finance ministry official Ajay Tyagi to replace UK Sinha on 1 March.

Malaysia – 2016 in Review

By Samuel Riding | 22/12/2016

Regulators sought to move past the 1MDB scandal, introducing fintech and regtech initiatives

AML / KYC

FSB RCG Asia Details Workplan, Policy Priorities

By Samuel Riding | 06/12/2016

Group met to discuss macroprudential frameworks, fintech, and correspondent banking.