All posts tagged "FATF"
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754AML / KYCCrypto a Key Focus of FATF Report to G20
FATF is actively monitoring crypto assets for AML/CTF risks and is reviewing its guidance and standards to determine if changes are needed to reflect their technical aspects.
July 26, 2018 -
2.0KAML / KYCCombating Financial Crime with Data Analytics – MAS
In the year ahead, the MAS will focus on the use of data analytics as well as boosting industry collaboration in its fight against money laundering and terrorism financing.
July 24, 2018 -
708Crypto / Digital AssetsCrypto Assets Come Under International Regulatory Scrutiny
The FSB submitted a report to the G20 detailing a framework to monitor potential contagion risks and wealth effects arising from crypto-assets.
July 19, 2018 -
511AML / KYC
FATF Consults on Securities Sector AML/CFT Guidance
Guidance aimed at assisting to countries, competent authorities, providers of securities products and services, and intermediaries in risk-based design and implementation of applicable AML/CFT measures.
July 11, 2018 -
724AML / KYCSFC Updates AML/CFT Guideline as FATF Assessment Looms
Proposals include streamlining of customer onboarding processes and a requirement to implement group-wide AML/CFT systems at overseas branches and subsidiaries.
July 6, 2018 -
1.8KAML / KYC
FATF Evaluation Underlines AML/CTF Urgency for Chinese Banks
AML/CTF will be pushed further into the regulatory spotlight in coming months as China gears up for the fourth round of mutual evaluations led by the FATF and APG. Whatever the results of the exercise, it will serve as a...
July 3, 2018 -
550AML / KYCJapan FSA Orders Banks to Report on North Korea JVs
All banks and credit unions ordered to provide the details on accounts used by 10 existing Japan-North Korea joint ventures, including details on individuals and entities, assets, employees and transaction records.
June 25, 2018 -
1.1KAML / KYCGIFT City Exchanges Launch Omnibus Account Structure
BSE's India INX and NSE IFSC have launched the segregated nominee account structure, allowing foreign investors to avoid direct FPI registration and instead trade Indian equities through established intermediaries.
June 14, 2018 -
706AML / KYCJapan to Review AML Measures at Banks Ahead of FATF Inspection
FSA to conduct interviews and on-site inspections on all of Japan’s banks and credit unions’ measures to prevent money laundering and illegal remittances.
June 7, 2018 -
625Crypto / Digital AssetsSouth Korea to Ease Cryptocurrency Policy
South Korea to soften cryptocurrency policy, apply FATF standards; central bank to release recommendations by end of June.
May 17, 2018
