All posts tagged "CTF"
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179AML / KYCFATF Consults on AML/CTF Frictions in Cross-border Payments
The FATF seeks feedback to help identify how divergent AML/CFT measures adopted at the national level add to the challenges of cross-border payments.
December 2, 2020 -
581AML / KYCPhilippine SEC Assesses Risk of Non-Profit Organisation Sector
Based on the risk assessment, the SEC will implement "the most appropriate mitigation measures" to manage money laundering and terrorist financing risks.
November 17, 2020 -
1.7KAML / KYCAUSTRAC to Ramp Up Industry Guidance on AML Obligations
An unprecedented amount of AML/CTF information will be provided to industry in the next 6-12 months, says AUSTRAC's David Hawkins.
November 9, 2020 -
777AML / KYCMAS to Discontinue S$1,000 Note to Prevent Money Laundering
Large denomination notes allow individuals to carry large values of money anonymously, and can facilitate money laundering and other illicit activities, MAS says.
November 4, 2020 -
1.4KAML / KYCHong Kong to Align Crypto Regulatory Framework with FATF Standards
The government proposes to introduce a new licensing regime for VASPs that trade non-security tokens, and a registration regime for dealers in precious metals and stones.
November 3, 2020 -
1.2KAML / KYCSingapore Bill to Align Payment Services Act with FATF Standards
The bill will expand the definition of a DPT service, broaden the definition of cross-border money transfer service, and allow MAS to impose measures on DPT services providers.
November 3, 2020 -
1.2KFintech / RegtechMalaysia’s Guidelines on Digital Assets Enter Into Force
The Securities Commission invites parties interested in registering as IEO platform operators or digital asset custodians to start submitting their applications.
October 29, 2020 -
641AML / KYCPBOC Issues Draft AML Rules for Beijing Real Estate Sector
The guidelines impose obligations on developers and intermediaries to strengthen AML supervision and management in real estate transactions.
October 27, 2020 -
1.2KAML / KYCChina Issues AML/CTF Guidelines for Microfinance Institutions
The guidelines take immediate effect and are require microfinance institutions to report any transaction worth more than CNY 50,000 within 5 working days.
October 27, 2020 -
767AML / KYCAUSTRAC Launches AML Investigation into Crown Resorts
The probe is related to Crown's use of casino junkets to bring wealthy gamblers to its Melbourne casinos and possible non-compliance with due diligence and AML requirements.
October 21, 2020
