The report offers guidance on the use of technology for investigations, risk assessment, and AML/CFT information exchange.
June 13, 2022The paper says the US should help foreign nations develop the tools, technical expertise, and infrastructure necessary to conduct complex crypto-related investigations.
June 9, 2022EBA, EIOPA and ESMA propose that AML/CTF compliance be a specific requirement for firms, including crypto firms, to obtain and maintain their licences.
June 6, 2022Treasury highlighted efforts to address illicit finance risks associated with shell companies, all-cash real estate purchases, and virtual assets.
May 18, 2022MAS observed an overreliance on system vendors to set the screening parameters. Most FIs did not enquire about or assess vendors' information sources.
April 30, 2022MAS' latest enforcement report includes a new section providing updates on cases relating to Noble Group, Hyflux, Eagle Hospitality Trust, and Hui Xun Asset Management.
April 29, 2022The paper says e-HKD could bring could present challenges to Hong Kong’s currency and financial stability, as well as the city’s role as an international financial centre.
April 28, 2022The government will issue a consultation this year proposing a licensing or registration requirement for crowdfunding platforms in Hong Kong.
April 20, 2022The SEC warns that suspected or actual misuse of the NPO sector for terrorism financing can present serious ramifications for an NPO's intended beneficiaries.
April 12, 2022The consultation seeks views on the application of AML/CFT rules, privacy and data protection, and financial stability impacts, among other areas.
April 8, 2022