All posts tagged "FATF"
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483AML / KYCPhilippine AMLC Sets Deadline for Newly Covered Entities to Register
Real estate developers and brokers, as well as offshore gaming operators and their service providers, have to register with the AMLC’s electronic reporting system by 16 March.
February 27, 2021 -
763AML / KYCFATF Concludes Second Plenary Under German Presidency
The FATF has finalised guidance on risk-based supervision, terrorist financing, and arms trafficking, as well as draft guidance on proliferation financing, and virtual assets.
February 26, 2021 -
637AML / KYCFSC Korea Proposes Additional Rule Changes for VASPs
The changes add to revisions proposed in November to align requirements for VASPs with the FATF recommendations.
February 19, 2021 -
35.2KAML / KYCBSP Adopts New AML/CFT Risk Assessment Framework
The new framework will use a four-point rating scale to grade FIs based on their inherent risks, risk management capabilities and self-assessment systems.
February 18, 2021 -
368AML / KYCHong Kong: GDF Warns Against Restricting Retail Investment in Crypto
The November FSTB proposal to only allow VASPs to offer services to professional investors could prompt retail investors to move to unlicensed platforms, GDF says.
February 16, 2021 -
327AML / KYCRBI Limits Investment in NBFCs from FATF Non-compliant Jurisdictions
Investors from black-listed or grey-listed FATF jurisdictions will not be allowed to acquire ‘significant influence’ in NBFCs, the RBI said.
February 15, 2021 -
477AML / KYCPhilippine SEC Tightens Rules on Beneficial Ownership of Shares
New guidelines will require the disclosure of the identity of the beneficial owners of shares and prohibit the issuance of bearer shares.
February 10, 2021 -
377AML / KYC
Philippines Enacts AML Amendments to Avoid FATF Grey List
Offshore gaming operators, their service providers, real estate developers and brokers have been brought into scope as covered entities.
February 4, 2021 -
573AML / KYCHow Financial Institutions View Digital Identity: Survey
RUSI and ACAMS have launched a new survey seeking to better understand the potential for digital ID to aid in the fight against financial crime.
February 1, 2021 -
498AML / KYC
BSP Updates VASP Rules to Align with FATF Requirements
The updated rules also bring into scope virtual asset custodians, introducing a $1mn minimum capital requirement for such businesses.
January 28, 2021
