AML / KYC

AML / KYC

US Issues ML, Financial Crimes Report

By Samuel Riding | 07/03/2017

Institutions in 3 Asian countries said to deal in proceeds from drug trafficking that ‘significantly affects’ US.

AML / KYC

Incoming CBRC Chief Eyes ‘Common Regulatory Approach’

By Samuel Riding | 06/03/2017

Guo Shuqing acknowledges confusion created by variety of different laws and regulations.

AML / KYC

Indonesia to Issue CSR Circular by end-March

By Samuel Riding | 06/03/2017

Circular will be followed in May by ‘regulation in lieu of law’ to scrap banking secrecy.

AML / KYC

Australia Launches Public-Private AML/CTF Group

By Samuel Riding | 06/03/2017

Fintel Alliance studying Panama Papers, investigating money laundering ‘mules’; to develop training course.

AML / KYC

1,100 Staff Breach Conduct Code at Australian Bank

By Samuel Riding | 03/03/2017

2 senior managers dismissed and 3 disciplined for breaches.

AML / KYC

RBI Tracks Cancelled Notes to Nepal

By Samuel Riding | 03/03/2017

Officials suspect money laundering via exchange of banned notes, newspaper reports.

AML / KYC

FSB to Develop Reform Impact Assessment

By Samuel Riding | 02/03/2017

Framework due to be published before July’s G20 Summit.

AML / KYC

HK to Expand Professional Investor Qualification

By Samuel Riding | 02/03/2017

Joint accounts and existing investments to be counted towards qualification amount.

AML / KYC

HK Regulatory, Compliance Demand Steady

By Samuel Riding | 01/03/2017

Morgan McKinley report says cybersecurity among the strongest areas of demand.