AML / KYC

AML / KYC

Taiwan Busts Bitcoin Laundering Ring

By Samuel Riding | 09/05/2016

Group suspected of using online bitcoin platform to launder millions of RMB.

AML / KYC

HSBC Appeals Mis-selling Fine

By Samuel Riding | 05/05/2016

Private banking unit was hit with HKD605mn SFC fine in July 2015.

AML / KYC

Australia Launches Tax Disclosure Consultation

By Samuel Riding | 04/05/2016

Government recommends adoption of OECD mandatory disclosure rules on base erosion, profit shifting.

AML / KYC

Thailand Begins Consultation on ‘Trigger Fund’ Rules

By Samuel Riding | 27/04/2016

Draft SEC rules cover information disclosure, professional ability and understanding of fund agents.

AML / KYC

ASIC to Use Windfall to Boost Surveillance, Enforcement

By Samuel Riding | 21/04/2016

Australian securities regulator also welcomes shift to industry funding model.

AML / KYC

Japan to Consult on ‘Dynamic Supervision’

By Samuel Riding | 14/04/2016

FSA commissioner says new regulatory approach will provide more comprehensive assessment of bank safety and soundness.

AML / KYC

Revealed – Asian Institutions’ KYC Disconnect

By Editors | 11/04/2016

Divergent attitudes of staff at different organisational levels illustrate difficulties in implementing culture of compliance.

AML / KYC

Indonesia to Use Credit Card Data to Catch Tax Cheats

By Samuel Riding | 06/04/2016

Tax authorities will be able to access account numbers, card owner names and tax identification numbers.

AML / KYC

CBRC Warns Banks on Overseas Risk

By Samuel Riding | 06/04/2016

Regulator says lenders should tighten controls amid allegations of compliance failings.