All posts tagged "Sanctions"
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458AML / KYCSoutheast Asia Vulnerable to North Korea Crypto Activity
New RUSI research reveals how North Korea can exploit cryptocurrency, particularly in Southeast Asia, to circumvent international sanctions.
April 16, 2019 -
563AML / KYCStandard Chartered Fined Over $1bn by US, UK Authorities
Standard Chartered Bank will pay $947mn to US authorities for poor AML controls and sanctions breaches, and $134mn to the UK FCA for AML breaches.
April 11, 2019 -
683AML / KYCHKEX Offers Listing Applicants Guidance on Sanctions Risk
International law firm Hogan Lovells says the HKEX guidance provides significant insight into how it will consider international trade and sanctions issues in the context of IPO transactions.
March 26, 2019 -
619AML / KYCBCBS Sets Out Minimum Expectations for Banks Exposed to Crypto
The minimum prudential expectations for banks exposed to crypto-assets relate to due diligence, governance and risk management, public disclosure and supervisory dialogue.
March 18, 2019 -
918AML / KYCAnarchy in the UK’s Sanctions Regime
In light of the OFSI's recent fine on Raphaels Bank, Eric Sohn at Dow Jones Risk & Compliance looks at other seemingly outsized penalties, and what they could mean.
March 13, 2019 -
1.5KAML / KYCData Privacy, Cybersecurity, Conduct in Focus in APAC
Data privacy, conduct & culture, cybersecurity and AML will be in focus in APAC for the next three years, according to a new report from Fenergo.
February 14, 2019 -
506Big PictureBoard, Compliance Engagement Lacking in Technology Adoption
Financial services firms lack engagement from boards and risk and compliance functions, according to a new survey from Thomson Reuters Regulatory Intelligence.
February 7, 2019 -
709AML / KYCWolfsberg Group Publishes New Guidance on Sanctions Screening
It aims to show where sanctions screening can be an effective part of a wider sanctions compliance programme, where it has limitations, and where a risk based approach is appropriate.
January 29, 2019 -
3.1KAML / KYCHuman Trafficking and AML: 2019 Could Be a Turning Point for Asian Banks
Banks will need to adapt existing AML programmes to include new monitoring scenarios and train staff to recognise human trafficking red flags, says Nick Turner at Clifford Chance.
January 3, 2019 -
484AML / KYCHong Kong Not Obliged to Enforce US Sanctions – Report
Hong Kong is not obliged to enforce unilateral sanctions imposed by individual jurisdictions including the US, a senior official said in regards to Huawei's alleged dealings with Iran.
December 13, 2018
