All posts tagged "gambling"
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239AML / KYCAUSTRAC Publishes Guidance on Geographical Link Test
The geographical link test helps firms that provide designated services determine whether they have AML/CTF obligations in Australia.
October 21, 2021 -
104ChinaPBOC Tightens Rules on Use of Payment Acceptance Terminals
The geographical location of bank card and barcode payment acceptance terminals must be established and monitored to ensure consistency with the merchant's registered location.
October 18, 2021 -
230Asia-PacificPhilippine SEC Warns Against Dealing with Unlicensed Entities
The SEC has warned against dealing with unlicensed forex brokers, crypto exchanges, and DeFi platforms among others.
September 22, 2021 -
98IndiaRBI Issues Consultation on Overseas Investments Rules
The central bank said it wants to further liberalise the regulatory framework for overseas investment and promote ease of doing business.
August 12, 2021 -
204AML / KYC
Stablecoins Increasingly Used in Money Laundering, PBOC Says
PBOC governor Fan Yifei says stablecoins are increasingly being used as a tool for illegal activities and money laundering.
July 12, 2021 -
309AML / KYCMacau Amends Legal Framework to Enable Digital Yuan Adoption
Use of the fully traceable digital yuan will help Chinese authorities curb money laundering and illicit cross-border gambling.
April 28, 2021 -
220AML / KYCBSP Warns Banks Against Unlicensed Gaming Operators
FIs should ensure they have robust risk management and due diligence frameworks in place to prevent transactions with illegal online gambling operators.
February 11, 2021 -
248AML / KYCChina Shuts Down Cross-border Gambling, Payments Platforms
The Ministry of Public Security arrested over 75,000 suspects and shut down thousands of online gambling platforms, payment platforms and underground banks in 2020.
January 21, 2021 -
273AML / KYC
AUSTRAC Targets Disability Insurance Fraud in New Guidance
A new financial crime guide details the indicators that can help financial services firms identify when NDIS fraud may be taking place.
December 10, 2020 -
1.0KAML / KYCCambodia Enacts Law to Regulate Local Gaming Industry
The new law seeks to address a FATF requirement for Cambodia to implement risk-based supervision for casinos, while also helping to further develop the gaming sector.
November 29, 2020
