All posts tagged "Investigation"
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418Crypto / Digital AssetsKorean Prosecutors Impose Flight Ban on Terra Employees
The travel ban is meant to prevent dozens of Terraform Labs employees in Korea from leaving the country to avoid being summoned for questioning.
June 23, 2022 -
357ChinaAnother Former CSRC Official Under Corruption Probe
The probe is linked to another investigation involving an official who worked for the CSRC department that oversaw listings on the ChiNext board.
June 14, 2022 -
571EnforcementKorea: Shinhan Bank Discovers Embezzlement by Employee
Days earlier a Woori Bank employee was arrested for embezzling KRW 61.4 billion between 2012 and 2018.
May 23, 2022 -
464Australia & NZRBNZ Finalises Guidelines on Enforcement Principles and Criteria
The enforcement principles guide RBNZ's investigation and enforcement strategy. The enforcement criteria help determine the appropriate enforcement response to non-compliance.
May 20, 2022 -
828AML / KYCWolfsberg Group Offers Guidance on Adverse Media Screening
New FAQs highlight the need for FIs to understand how vendors evaluate data source reliability and the controls they have in place address unreliable sources.
May 12, 2022 -
397ChinaCBIRC Works to Resolve Unpaid Balances from P2P Crackdown
The CBIRC said it will continue to pursue now-closed P2P lending platforms as well as their owners and executives through the court system for losses suffered by investors.
April 30, 2022 -
1.5KAML / KYCThe Future of AML Auditing is Increasingly Digital
A shift to digital-first AML auditing and more open communications will improve efficiency and effectiveness for regulators and regulated entities alike, writes Claus Christensen.
April 4, 2022 -
505Hong KongHong Kong FRC Consults on New Regulatory Powers
The FRC will extend the scope of its oversight to all practicing auditors and accountants, instead of just those servicing listed companies.
March 10, 2022 -
955AML / KYCPBOC Finalises CDD Rules, Launches Nationwide AML Campaign
New rules effective from 1 March impose stricter requirements on beneficial owner identification and verification, including for non-bank financial firms.
January 27, 2022 -
414AML / KYCChina Targets Corruption with New Supervision Law
Supervisors are asked to crack down on the use of offshore companies and underground banks to transfer illegal income and property involved in duty-related crimes.
September 25, 2021
