Financial Action Task Force

Securities / Derivatives

Myanmar Central Bank Releases AML/CTF Guidelines

By Editors | 05/10/2015

The Central Bank of Myanmar has published risk management guidelines for anti-money laundering and counter terrorist financing at financial institutions.

Securities / Derivatives

Malaysia Receives FATF Praise for AML/CTF Efforts

By Editors | 21/09/2015

The Financial Action Task Force has issued a report praising Malaysia’s legal framework for anti-money laundering and counter-terrorist financing standards.

Securities / Derivatives

State Bank of Pakistan to Clarify Rules for Politically Exposed Persons

By Editors | 20/08/2015

Government officials have ordered the State Bank of Pakistan to stop commercial banks from misusing the term ‘politically exposed persons’ (PEPs) to deny financial services to citizens.

Japan to Introduce Registration System for Virtual Currency Exchange Operators

By Editors | 07/08/2015

Japan’s Financial Services Agency is considering introducing regulations for trading bitcoins and other virtual currencies, possibly through a registration system for operators.

Singapore Regulator Reiterates Commitment Against Money Laundering and Terrorism Financing

By Editors | 20/07/2015

The Monetary Authority of Singapore has outlined Singapore’s anti-money laundering regime, reiterating its commitment to safeguarding its financial system.

Japan, China, U.S. Jointly Push FATF on Virtual Currency Regulation

By Editors | 18/06/2015

Financial authorities of Japan, the United States and China plan to establish joint regulations to prevent the use of virtual currencies to finance illegal activities such as terrorism.

Anti-Corruption Practices Must Encompass Entire Banking Process

By Peter Guy | 09/06/2015

Expanding due diligence capabilities will require strong data and information resources.

Regulatory Advisory Firm Bovill Names New Head for Asia

By Editors | 11/05/2015

Specialist financial services regulatory consultancy Bovill said it named Eddie Lim as new head of Bovill Asia.

The Risk of De-Risking

By Editors | 02/04/2015

Complying with anti-money laundering regulations while protecting the bottom line.