AML / KYC

AML / KYC

Due Diligence – Separating Truth from Fiction in Southeast Asia

By Samuel Riding | 04/05/2017

Regulation Asia-Kroll roundtable with senior risk and compliance executives explores the latest issues in an increasingly complex, risky area.

AML / KYC

HKMA Eyeing KYC Utility

By Samuel Riding | 27/04/2017

Deputy chief executive acknowledges heightened due diligence on account opening has harmed Hong Kong’s reputation.

AML / KYC

SEBI Confirms Introduction of Commodity Options

By Samuel Riding | 27/04/2017

Other new initiatives cover equity/commodity licensing unification; mutual fund purchases via e-wallet.

AML / KYC

Bitcoin Forum Reveals PBOC Rectification Order

By Samuel Riding | 26/04/2017

Exchanges told to adhere to regulations on securities, futures and forex; tighten AML controls.

AML / KYC

MAS, Singapore Police Set up AML/CTF Partnership

By Samuel Riding | 25/04/2017

Group including 8 Singapore banks will ‘enhance detection and mitigation of transnational risks’.

AML / KYC

MAS Chief Cites Technology as Top Regulatory Priority

By Samuel Riding | 24/04/2017

Ravi Menon cites banks exit from some market segments, but says costs not sufficient reason for regulatory rollback.

AML / KYC

S.Korea Regulator to Focus on ‘Ex-post’ Supervision

By Samuel Riding | 21/04/2017

Governor tells foreign firms FSS will shift from ‘punitive and ex-ante supervision’ in ‘the Age of VUCA’.

AML / KYC

Pakistan Board of Revenue Eyes Removal of Bank Tax Breaks

By Samuel Riding | 21/04/2017

Agency is also considering stiffer rules on banks’ provision of taxpayer information.

AML / KYC

Chinese Bank Exec in Alleged $436mn Fraud

By Samuel Riding | 19/04/2017

Fraud involved fake bank acceptance bills and ‘recycled’ wealth management products.