All posts tagged "Anti-Money Laundering"
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2.7KAML / KYCEuropean Banking Federation Publishes AML Blueprint
The EBF identifies four priorities that need to be addressed, from which it has formulated 20 concrete policy recommendations detailed in the blueprint.
March 11, 2020 -
1.4KAML / KYCS. Korea Passes New Regulatory Framework for Crypto Sector
The 'Special Financial Information Law' authorises Korean financial regulators to oversee the crypto industry and develop AML rules in line with the FATF recommendations.
March 11, 2020 -
1.5KAML / KYCAML Controls Are Ineffective at Stopping Crime, Says Policy Expert
Policy effectiveness expert Dr Ronald F Pol says the current anti-money laundering system only results in 0.1% of the proceeds of crime actually being seized.
March 3, 2020 -
666AML / KYCUS Agrees to $700mn Settlement with 1MDB Financier Jho Low
The proposed settlement would resolve civil forfeiture cases tied to Low, but does not release him from other criminal charges. Low gets to keep $15mn to pay his lawyers.
October 31, 2019 -
1.0KAML / KYCPhilippine FIU Seeks an End to Bank Secrecy Law
The AML Council is seeking additional powers to combat financial crime, including the lifting of the bank secrecy law, which would allow it to check all accounts regardless of transaction thresholds.
May 7, 2019 -
4.7KPress ReleaseRefinitiv Wins Best Anti-Money Laundering Solution
Refinitiv has been awarded the Best Solution in Anti-Money Laundering in the inaugural Regulation Asia Awards for Excellence 2018.
November 16, 2018
