All posts tagged "DNFBPs"
-
204AML / KYCAustralia: AML Bill Passes Senate, DNFBP Amendment Rejected
An AML bill introduced last October has passed the Senate but without last month's amendment to include real estate agents, accountants, lawyers.
December 14, 2020 -
1.5KAML / KYCThe Need for Tranche 2 AML Reform in Australia
Norton Rose Fulbright’s Jeremy Moller highlights the advantages of regulating legal, accounting and real estate services under Australia’s AML laws, sooner rather than later.
November 19, 2020 -
685AML / 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 -
1.1KAML / KYCFATF Adopts Measures to Mitigate Proliferation Financing Risk
The changes are aimed at ensuring FIs and DNFBPs do not unwittingly support or become part of proliferation financing networks or schemes.
October 26, 2020 -
1.4KAML / KYCAUSTRAC Wants Lawyers, Accountants Under its AML Remit
AUSTRAC chief Nicole Rose expressed concerns that professional facilitators are being used to evade money laundering detection.
October 23, 2020 -
699AML / KYCAPG Releases First Follow-up Report on Pakistan
The APG says Pakistan has been re-rated from 'partially compliant' to 'compliant' on Recommendation 29 and has made progress on Recommendation 1.
October 18, 2020 -
1.6KAML / KYCFATF Details Virtual Asset Red Flags for Detecting Criminal Activity
This report will help VASPs, FIs, DNFBPs, and other reporting entities detect and report suspicious transactions, and national authorities detect criminal activity.
September 15, 2020 -
895AML / KYCBNM Issues Guidance Documents on AML/CFT Obligations
Guidance is provided for financial institutions, DNFBPs and NBFIs on AML/CFT and targeted financial sanctions, customer due diligence and beneficial ownership.
September 3, 2020 -
2.3KAML / KYCNew Report Highlights Ineffectiveness of Global AML/CTF Systems
A lot of countries may have strong AML/CTF systems in place, but in practice they are not working, says a new report from the Basel Institute on Governance.
July 26, 2020 -
1.8KAML / KYC
Malaysia Replaces AML/CFT Framework with Two Policy Documents
The first document is for banks, insurers, money services businesses and payments providers. The second is for NBFIs and DNFBPs, including lawyers, accountants, casinos, real estate agents and trust companies.
January 3, 2020
