From 1 June 2024, new obligations will be imposed on reporting entities related to virtual asset transfers, deposits, withdrawals, and exchange.
June 2, 2023Crown admitted to AML/CTF breaches at its Melbourne and Perth casinos and agreed to pay A$450mn, subject to court approval.
May 31, 2023SkyCity Adelaide ordered to report on how it is meeting its AML/CTF obligations, and appoint an independent monitor.
May 31, 2023New rules under MiCA cover issuers of utility tokens, asset referenced tokens, stablecoins, service providers such as trading venues, and wallets where crypto-assets are held.
May 17, 2023Some VCFMs did not make requisite disclosures to investors, have formalised policies and procedures in certain areas, and maintain a positive level of base capital.
March 16, 2023The guidance will assist policymakers and practitioners to prevent bad actors from using shell companies for illicit activity.
March 13, 2023Guidance is offered to reduce the burden on legitimate private banking customers trying to use banking services in Hong Kong.
March 8, 2023The personal finance company's AML/CTF programme was not properly implemented and did not include sufficient details on transaction monitoring and CDD.
February 23, 2023Amended regulations require e-money issuers to meet higher liquidity and capital requirements, to ensure the industry’s resilience.
February 15, 2023A review commissioned in 2018 and "kept secret for years" found a disproportionate number of golden visa applicants were from countries identified as high risk.
January 19, 2023