AML / KYC

AML / KYC

ASIC Sets out Blockchain Regulatory Framework

By Samuel Riding | 21/03/2017

Regulator will ask six questions to assess a DLT’s regulatory compliance.

AML / KYC

Updated – MAS Raises Spectre of Algo ‘Contagion’

By Samuel Riding | 21/03/2017

Singapore regulator using clustering, network analysis; to set up supervisory technology unit.

AML / KYC

FSB Chief Urges Continuation of Reform

By Samuel Riding | 20/03/2017

But Mark Carney suggests body will investigate ‘unintended consequences’ of regulation.

AML / KYC

Malaysia Regulators Unite on Corruption

By Samuel Riding | 20/03/2017

Central bank, anti-corruption and tax bodies to share information, best practice.

AML / KYC

When KYC Casts Customers Adrift

By Peter Guy | 20/03/2017

A lost world of clients whose accounts are closed without explanation reveals the cruelty of automated compliance.

AML / KYC

HK SFC Fines Brokerage $335,000 for 300 AML Failures

By Samuel Riding | 15/03/2017

Zhongtai International breached AML/CTF Ordinance, Code of Conduct and SFC guidance.

Market Infrastructure

India Launches Payment Cybersecurity, KYC Consultation

By Samuel Riding | 10/03/2017

Electronic pre-paid payment instrument issuers required to establish information security, privacy policy.

AML / KYC

Philippines to Allow ‘Video Messaging’ KYC

By Samuel Riding | 10/03/2017

BSP deputy governor says new rules will ease banking access in rural areas.

AML / KYC

AUSTRAC Flags AML/CTF Compliance Weaknesses

By Samuel Riding | 09/03/2017

Centre identifies failures in risk assessments, outsourcing and governance.