All posts tagged "FIUs"
-
78AML / KYCFATF Issues New Report on Digitalisation of FIUs
The report outlines how FIUs can benefit from the adoption of digital tools, including through improved data utility, analytical capacities, and STR management.
October 28, 2021 -
32AML / KYCKorea, UAE to Strengthen Cooperation on AML Efforts
KoFIU and UAE’s FIU have signed an MoU agreeing to strengthen bilateral cooperation and exchange AML/CTF information.
October 28, 2021 -
219AML / KYCFATF Concludes Plenary, Finalises Work in Key Areas
The FATF will issue updated guidance for VASPs next week. A statement on Afghanistan was released. Beneficial ownership and cross-border payments also in focus.
October 23, 2021 -
191AML / KYC
KoFIU Notifies Foreign VASPs of Their Obligation to Register
Foreign VASPs that continue to target Korean customers after 24 September without registering with KoFIU will be subject to penalties in Korea.
July 23, 2021 -
212AML / KYCEuropean Commission Presents Package of AML/CFT Reforms
A new EU-level AML authority will coordinate national authorities to ensure the private sector correctly and consistently applies EU rules.
July 23, 2021 -
1.5KAML / KYCFATF Releases New Report on Trade-based Money Laundering
A key finding of the report is that greater awareness about all aspects of the trade process would likely increase opportunities to detect and disrupt TBML.
December 9, 2020 -
1.6KAML / KYCThe Best Weapon to Shut Down the Illegal Wildlife Trade
Freeland’s Steve Galster discusses new initiatives to stop illegal wildlife traffickers by hitting them where it hurts the most – in their bank accounts – and how financial institutions can help.
December 7, 2020 -
3.0KAML / KYCCrypto Industry Responds to FATF Red Flag Report
New guidance from the FATF has been welcomed by the crypto industry, despite the compliance challenges it presents, writes Nathan Smale at Emfarsis.
September 29, 2020 -
1.4KAML / KYCCovid-19 Presents Opportunity to Disrupt Criminals: APG
In its latest typologies report, the APG says Covid-19 may provide a unique opportunity for law enforcement and FIUs to detect and disrupt certain money laundering operations.
September 21, 2020 -
1.9KAML / 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
