The consultation seeks views on ways to make CDD checks more proportionate and effective, and how to ensure information sharing and collaboration gateways are open and useful.
March 12, 2024FIs must strike a balance in how they assess country risk and apply their consideration in customer and other risk frameworks.
March 5, 2024The AMLC said covered persons can only conduct business dealing with DNFBPs if they have valid registration certificates.
February 29, 2024Officials said feedback to last year's consultation was "very supportive" and the upcoming consultation will be more detailed.
February 21, 2024The DIA alleges that SkyCity did not meet various obligations required under the AML/CFT Act.
February 19, 2024Asking customers to provide details or proof of salary, employment or investments dating back years is "not consistent" with the risk-based approach.
February 9, 2024New ACIP paper offers recommendations for banks that receive customer referrals from corporate service providers.
February 7, 2024The directions come after Vietnam implemented a new AML law in 2022 and "Decree 19" in April 2023 to support implementation.
January 8, 2024The final rule prescribes the circumstances under which BOI may be disclosed, including to FIs and foreign governments, and how it must be protected.
December 22, 2023Re-ratings were due to legal requirements for FIs and DNFBPs to conduct risk-based CDD and AMLO guidance on risk-based supervision.
November 10, 2023