All posts tagged "Financial crime"
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433AML / KYCEnsuring Best Outcomes in AML Risk Management: Napier
Napier's Luca Primerano, Greg Watson, and Robin Lee talk to Regulation Asia about efforts to automate and enhance financial crime risk management processes.
October 5, 2021 -
410AML / KYCMAS to Deploy Information Sharing Platform for AML/CFT
The COSMIC platform will be developed and deployed in phases. The initial participants are DBS, OCBC, UOB, StanChart, Citibank and HSBC.
October 3, 2021 -
490AML / KYCFATF Report Highlights Opportunities for Japan’s FIs
Matthew Field discusses how Japan's FIs can enhance the maturity of their AML programmes through a data-driven approach that places the customer entity in focus.
September 24, 2021 -
179AML / KYCSingapore Court Jails Russian National for Deceiving Banks
The banks were deceived regarding true beneficial ownership in their decision to open bank accounts between 2014 to 2017.
September 9, 2021 -
320AML / KYCGCFFC Calls for Action on Beneficial Ownership Data
Beneficial ownership data should be structured and interoperable, collated in a central register, and accessible to all actors fighting financial crime.
August 26, 2021 -
353AML / KYCHKMA Issues “Mandate” for Innovation in AML/CFT
The HKMA will launch interactive lab sessions to experiment with new technologies and emerging data analytics techniques, with an initial focus on network analytics and NLP.
August 12, 2021 -
194AML / KYCChina, UAE Agree to Exchange Intelligence on AML Investigations
The FIUs in China and the UAE will exchange information on investigations concerning money laundering, terrorist financing, and the persons or entities involved.
August 9, 2021 -
749AML / KYCGood Intentions: The FATF Faces Its Own Unintended Consequences
The FATF's unintended consequences study will point to necessary reforms that the watchdog will be unwilling to undertake.
August 8, 2021 -
531AML / KYC
MAS Finalising New Data-sharing Platform for Banks
The new platform will enable banks to securely share information on customers exhibiting significant risk red flags and warn each other of potential criminal activity.
August 6, 2021 -
236AML / KYCCrypto Crime Reaches Record Levels in Hong Kong
Victims lost HK$214m in cryptocurrency crimes in the first half of 2021, compared to HK$114.4mn across all of 2020.
August 4, 2021
