It is clearer than ever that Chinese regulators take AML as a major priority, but domestic banks can lack the expertise to meet ever-increasing requirements.
January 24, 2018New rules effective from January 1st restrict individuals withdrawing a maximum of RMB 100,000 per year regardless of the number of separate bank accounts or ATM cards.
January 2, 2018HK on 'greylist'; Macau, S.Korea, on blacklist with the latter said to operate a ‘harmful preferential tax regime’ for the wealthy, companies.
December 7, 2017Indian securities regulator has been using data analytics and surveillance to identify culprits.
May 17, 2017Group will aim to recoup tax and could remove A$100 note from circulation.
December 15, 2016