The FSS is calling on the crypto industry to improve their self-regulatory capabilities until the new Virtual Asset User Protection Act is fully implemented.
June 1, 2023The guidance calls on regulated financial institutions to bolster their TM systems, highlighting the importance of board of senior management involvement.
April 27, 2023Indian crypto firms are now formally required to perform KYC due diligence, verify client identities, monitor transactions, and report suspicious activities.
March 10, 2023The personal finance company's AML/CTF programme was not properly implemented and did not include sufficient details on transaction monitoring and CDD.
February 23, 2023David Griffiths, Head of Regulatory Affairs at Eventus, discusses the common challenges associated with off-the-shelf-transaction monitoring systems and what a more effective approach looks like.
February 20, 2023A key objective of the update is to support greater use of technology to generate targeted alerts and more actionable intelligence, the HKMA said.
February 10, 2023The guidance draws from over 300 applications received by the FCA to date, to help crypto firms prepare their applications for registration.
January 26, 2023The FCA said the bank's behaviour mirrored previous misconduct, for which it was also fined in 2013 and had restrictions imposed in 2018.
January 12, 2023The FSA's Daisuke Mamba and Hiroshi Ozaki discuss the regulator's approach to its AML/CFT inspections and recent work to develop shared AML systems for the industry.
January 10, 2023Top official Brad Brown discusses AUSTRAC’s ongoing work to upgrade its reporting system and further advance Australia’s AML/CTF system.
January 9, 2023