The Bill provides FIs statutory protection from civil liability in respect of their disclosure of risk information on to COSMIC for the purposes of mitigating ML, TF and PF risks.
March 21, 2023The former collections officer used DBS' Customer Information System to find out information about friends, relatives, and others he was curious about.
November 22, 2022Chief executive Ross McEwan outlined NAB's work to update KYC information for all its customers as part of efforts to meet its AML obligations.
September 14, 2021Bithumb, Coinone and Korbit have established a joint venture that will be used to develop systems to meet the travel rule requirement by March 2022.
September 2, 2021The ex-UOB employee accessed customer data from banking systems and disclosed the information to a scammer purporting to represent the Shanghai Police.
August 25, 2021HKMA statistics show that phishing frauds in the first six months of 2021 were up 145% from the first half of 2020.
July 8, 2021The proposals will expand MAS' powers to impose requirements on banks' and merchant banks' outsourcing arrangements, regardless of where outsourced functions are performed.
February 8, 2019