Financial Action Task Force

Banks Rethink APAC Strategy as KYC Risks, Costs Mount

By Samuel Riding | 11/04/2016

Regulation Asia research finds 64% of financial institutions are considering fundamental changes to business.

Gambling with Financial Inclusion

By Peter Guy | 29/03/2016

Casinos exemption from AML could jeopardise the money transfer and remittance services on which Philippines’ economy depends.

AML / KYC

FSS Asks Credit Card Firms to Improve AML

By Editors | 11/03/2016

Lotte and Hana warned about poor customer management.

AML / KYC

Malaysia Joins FATF

By Samuel Riding | 21/02/2016

Financial Action Task Force cites country’s commitment to action plan after 2015’s mutual evaluation.

AML / KYC

Correspondent Banking KYCC ‘Impossible’ in HK, Singapore – Thomson Reuters

By Samuel Riding | 27/01/2016

Both jurisdictions said unlikely to implement FATF recommendations before the end of this decade.

The Regulatory Outlook for Australia

By Wolters Kluwer Financial Services | 15/01/2016

How integrated data, closer connectivity between risk and finance and new technology address the challenges Australian institutions face.

FATF to Introduce Special CTF Measures

By Samuel Riding | 15/12/2015

Special follow-up measures to be introduced in February alongside meeting to discuss stronger standards.

FATF Issues AML/CFT Guidance

By Editors | 01/12/2015

Financial Action Task Force guidance focuses on ‘main outcomes’ in tackling money laundering, terrorist financing.

HKMA Reminds Institutions of FATF Warnings

By Samuel Riding | 10/11/2015

Letter to Hong Kong institutions reiterates need for AML/CFT countermeasures, scrutiny on Iran, North Korea and Myanmar.