AML / KYC

AML / KYC

PBOC Tightens Online Payment Regulation

By Samuel Riding | 13/07/2016

User information must now be encrypted and stored in a digital token during online transactions.

AML / KYC

ABA Sets up Pay and Commissions Review

By Samuel Riding | 13/07/2016

Review will also look at payments to third parties including mortgage brokers.

AML / KYC

Asia’s Conduct Equation

By Samuel Riding | 12/07/2016

Why taking a firm grip on the nebulous concept of conduct requires more than just money and resources.

AML / KYC

Singapore Kicks Off CRS Consultation

By Samuel Riding | 12/07/2016

Trio of regulators pave way for introduction of the Standard by 2018.

AML / KYC

SEBI Tightens P-Note KYC

By Samuel Riding | 12/07/2016

Offshore derivative instruments have allegedly been misused for round-tripping funds

AML / KYC

ABA Launches Code of Practice Review

By Samuel Riding | 08/07/2016

Bankers’ association to revamp guidelines for treatment of individuals and small businesses.

AML / KYC

Boost Controls, Transparency to Avoid De-risking – SWIFT

By Samuel Riding | 06/07/2016

Study says de-risking in correspondent banking can force individuals to even riskier, poorly regulated channels.

AML / KYC

Philippines Set to Close Casino Money Laundering Loophole

By Samuel Riding | 06/07/2016

Bill proposes to amend 2001 Anti-Money Laundering Act which excluded casino operators, junkets.

AML / KYC

S.Korea to Tighten Investor Self-Assessment

By Samuel Riding | 05/07/2016

Regulator to encourage more stringent assessment of suitability for investment activities.