All posts tagged "Onboarding"
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134AML / KYCBSP Highlights AML Risks of Cash, Cross-Border Payments
Suspected criminal proceeds mostly came from Australia, Germany, Singapore, the UK and the US. The top destinations of suspected illicit funds were Hong Kong, Singapore and the US.
January 25, 2021 -
213AML / KYCFinancial Crime 2021: Digital ID, Due Diligence, Sanctions
Last year’s financial crime landscape forced many FIs to rapidly adapt to evolving threats. In the year ahead, a continued focus on risk mitigation is prudent.
January 21, 2021 -
576AML / KYCHong Kong Launches New Digital Identity Platform ‘iAM Smart’
The SFC, HKMA, IA and MPFA are encouraging FIs to adopt iAM Smart in their businesses for customer authentication, document signing, and remote onboarding.
January 2, 2021 -
360AML / KYCFATF Warns of Continued Criminal Exploitation of Covid-19
The effective use of technology to support onboarding and ensure effective information sharing has become even more important, the FATF says.
December 18, 2020 -
227AML / KYCGlobal LEI Foundation to Develop ‘Cryptographically Verifiable LEIs’
The 'vLEI' will create a cryptographically secure chain of trust that replaces manual processes required to access and confirm an entity’s LEI data.
December 11, 2020 -
723AML / KYCJP Morgan Becomes Global LEI System’s First Validation Agent
JP Morgan issued the first LEI under the new Validation Agent model with LEI issuer, Business Entity Data, a wholly-owned subsidiary of DTCC.
November 19, 2020 -
1.5KAML / KYCNew Opportunities for Banks in Client Onboarding
By adjusting their onboarding processes, FIs can enhance their client experience, reduce costs and pave the way for new cross border services, explains GLEIF CEO Stephan Wolf.
November 13, 2020 -
2.3KAML / KYC
SoW/SoF Checks: What Does Good Look Like?
Regulation Asia spoke to financial crime compliance experts about the ongoing effort required to achieve and maintain high standards for source of wealth and source of funds checks.
October 18, 2020 -
2.4KAML / KYCRegTech Asia 2020: Digital KYC, Onboarding & Authentication
Digital transformation has accelerated in financial services amid the pandemic. But it has not come without risks.
October 5, 2020 -
563IndiaSEBI Guidelines for Investment Advisers Take Effect
The guidelines, finalised in July, require investment advisors to only offer either advisory or distribution services to a client, but not both.
September 30, 2020
