All posts tagged "training"
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251AML / KYCRUSI Calls On FATF to Devise Financial Inclusion Strategy
Little concrete work has been done by the FATF so far to actively promote financial inclusion as part of its primary integrity mandate.
June 16, 2021 -
515Fintech / RegtechHKMA Announces New Fintech Development Strategy
The “Fintech 2025” strategy seeks the comprehensive adoption of technology in the financial sector by 2025 through a focus on five key areas.
June 9, 2021 -
316ChinaMacau: AMCM to Advance Training Initiatives for Financial Sector
The training initiatives will help develop the local financial sector and help Macau prepare for the Wealth Management Connect scheme.
May 19, 2021 -
675AML / KYCAUSTRAC Orders Mutual Bank to Uplift AML Compliance
Australian Military Bank is required to conduct a risk assessment, and then work to improve its KYC, transaction monitoring, EDD, and reporting systems.
May 6, 2021 -
693Big PictureIMF Offers Guidance to Central Banks on Fintech, Cybersecurity
The surge of technological innovation and related cybersecurity issues strengthen the need for enhanced risk management at central banks, the IMF says.
May 4, 2021 -
459AML / KYCSFC Fines Yardley Securities for AML/CFT Breaches
Yardley Securities processed and approved third party fund transfers without proper due diligence. Staff were not aware their employer had an MLRO.
March 18, 2021 -
1.3KAsia-PacificPwC Offers ESG Risk Management Recommendations for Banks
Banks need to adopt training and change management programmes to ensure employees embrace ESG risk management as a requirement and discipline.
March 10, 2021 -
288AML / KYCHK Bourse Offers Guidance on Compliance with BCAN Requirements
Exchange participants are “strongly advised” to strengthen controls and take immediate action to rectify any breaches of BCAN requirements.
March 9, 2021 -
436AML / KYCGFI Offers Recommendations on Advancing FinCEN Reforms
Global Financial Integrity says money laundered from tax evasion and illicit funds entering the US financial system from overseas are estimated at $1tr.
March 6, 2021 -
204Australia & NZAFCA Compels NAB to Repay Scammed Customers – Report
The bank had to repay over A$200,000 to an elderly couple after it was unable to produce records showing it had warned them about a cryptocurrency scam.
February 11, 2021
