KOREA FINANCIAL INTELLIGENCE UNIT

Fintech / Regtech

Korea, China, Japan Join Hands on Cryptocurrency Regulation

By Manesh Samtani | 10/01/2018

Korea carries out bank inspections, China power cut on Bitcoin miners, Japan scrutinises banks’ cryptocurrency activities.

AML / KYC

Top PBOC Official Makes AML Powerplay

By Editors | 13/09/2017

Vice governor Yin Yong says central bank to ‘centralise’ work amid concerns about sanctions risk and meeting stricter international standards.

AML / KYC

HK SFC, Police Join Forces to Combat Financial Crime

By Samuel Riding | 29/08/2017

Agreement aims to clamp down on financial crime via securities markets; SFC has identified ‘multiple weaknesses’ in broker AML/CTF.

Hong Kong – 2016 in Review

By Samuel Riding | 22/12/2016

Enforcement the major order of the year for Hong Kong regulators.

AML / KYC

S.Korea to Introduce AI System to Boost AML, CTF

By Samuel Riding | 19/12/2016

System to increase accuracy of isolating suspicious transactions from normal business.

Securities / Derivatives

AML & Open Data: The End of Privacy?

By Editors | 08/12/2016

Why regulation alone will not address risks arising from technological advances.

AML / KYC

HK Regulators Publish AML/CTF Training Course

By Samuel Riding | 11/11/2016

Materials can be used as a reference and for internal training.

AML / KYC

Hong Kong Suspicious Transaction Reports Surge

By Samuel Riding | 02/11/2016

Joint Financial Intelligence Unit received nearly 60,000 reports in 1st nine months of 2016.

AML / KYC

Singapore has Strong AML, CTF Framework—FATF

By Samuel Riding | 28/09/2016

But assessment report warns of need to enhance supervision of all financial institutions.