All posts tagged "Suspicious transactions"
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1.9KAML / KYCVideo: Detecting True Risk With Holistic Surveillance: Nice Actimize
Regulation Asia sat down with Nice Actimize's Jerome Lambert to understand how a holistic approach has improved surveillance capabilities and reduced the burden on compliance analysts.
January 15, 2020 -
1.2KAML / KYCUPDATED – Westpac Announces Plan to Address AML/CTF Failings
Westpac is determined to urgently fix the issues raised by AUSTRAC and lift its standards. ASIC and APRA have begun investigations into the bank.
November 26, 2019 -
1.1KAML / KYCSFC Asks Licensed Firms to Bolster AML/CTF Compliance
Following the release of the FATF mutual evaluation report for Hong Kong, the SFC has highlighted key work areas for licensed firms and their associated entities.
September 9, 2019 -
1.3KMalaysiaMalaysia to Loosen Regulatory Reins in Capital Markets
As market discipline strengthens, the Securities Commission and Bursa Malaysia will "proportionately scale down the intensity of regulatory discipline".
June 21, 2019 -
1.0KEnforcement
Complex Group Arrangements Compound Margin Financing Risks: SFC
Deputy chief Julia Leung says the SFC is concerned that brokers are using complex trading arrangements to circumvent regulatory oversight, among other supervisory priorities.
June 19, 2019 -
764AML / KYCSFC Imposes 10-Month Ban on Former Guosen Exec
The 10-month ban on Su Xiqiang, former head of Guosen's retail brokerage, was a result of improper handling of third-party fund deposits, and a lack of AML controls.
April 24, 2019 -
902AML / KYCFMA Monitoring Report Reveals Multiple AML/CFT Deficiencies
New Zealand’s Financial Markets Authority has released a report highlighting failures in reporting entities' AML/CFT programmes, risk assessments and customer due diligence.
April 2, 2019 -
2.8KAML / KYCChina Strengthens AML/CFT Regime with New Guidance
CBIRC has released guidance to help financial institutions improve AML/CFT controls, on the heels of recent news that PBOC is scrapping its approval process for corporate accounts.
February 22, 2019 -
1.1KEuropeIOSCO Members, ESMA Can Exchange Information Post-GDPR
A decision by the European Data Protection Board will enable the continued sharing of information between ESMA and securities regulators outside the EU, in compliance with GDPR.
February 15, 2019 -
2.1KAML / KYCNew Rules for Payments, E-Commerce Take Effect in China
Non-bank payment institutions will be required to report to the central bank any consumer transactions exceeding 50,000 yuan and cross-border transfers over 200,000 yuan.
January 4, 2019
