All posts tagged "Financial crime"
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328AML / KYCFATF Releases Mutual Evaluation Report on China
Some of the gaps identified relate to an insufficient focus on non-financial businesses and professions, difficulties identifying beneficial ownership, and an inadequate sanctions framework.
April 19, 2019 -
2.6KAML / KYCArtificial Intelligence – the Ultimate Weapon to Fight Financial Crime
Getting buy-in from senior management is one of the biggest hurdles to adopting AI in the fight against financial crime, says Fenergo's Karl Seagrave.
April 3, 2019 -
257EnforcementS. Korea FSS’ Integrity Questioned in Local Report
As discussions progress on granting the FSS greater investigative powers, a local media report raised questions on the regulator's integrity, citing its 2018 requests that fines against its staff be dismissed.
March 22, 2019 -
511Big PictureBoard, Compliance Engagement Lacking in Technology Adoption
Financial services firms lack engagement from boards and risk and compliance functions, according to a new survey from Thomson Reuters Regulatory Intelligence.
February 7, 2019 -
724AML / KYCWolfsberg Group Publishes New Guidance on Sanctions Screening
It aims to show where sanctions screening can be an effective part of a wider sanctions compliance programme, where it has limitations, and where a risk based approach is appropriate.
January 29, 2019 -
532AML / KYCAUSTRAC Publishes AML/CTF Guidance for Superannuation Sector
While superannuation is not traditionally associated with financial crime exploitation, AUSTRAC's risk assessment has rated the sector as medium risk.
December 17, 2018 -
763AML / KYC
AUSTRAC Strengthens Cooperation with FinCEN
Agencies in both countries will share information on terrorist financing and serious financial crime under a regulatory MoU.
September 28, 2018 -
1.4KAML / KYCHKMA Outlines Regtech Initiatives – Speech
The HKMA is looking to build a more diversified regtech ecosystem in Hong Kong and urges for greater collaboration between the banking industry and technology community.
September 28, 2018 -
556AML / KYC
South Korea Mulls Machine-Readable Regulation
FSS governor told fintech firms the regulator is considering machine readable regulation and automated data analysis systems to better detect and investigate financial crimes.
September 12, 2018 -
486AML / KYCThomson Reuters, Singapore FinTech Association Join Forces on Financial Crime
The collaboration joins the Singapore FinTech Association network with Thomson Reuters Labs technical expertise to solve issues around financial crime.
August 24, 2018
