AML / KYC

AML / KYC

HK Regulator Details AML/CTF Failures

By Samuel Riding | 27/01/2017

SFC identified 200 instances of non-compliance during 2016 inspections.

AML / KYC

Corrupt Lao Officials ‘Voluntarily’ Returning Money

By Samuel Riding | 26/01/2017

Government campaign aims to curb ‘rampant corruption’ including bribes, kickbacks, forgery and fraud.

AML / KYC

India to Tighten P-Note Regulation

By Samuel Riding | 24/01/2017

SEBI chairman cites concerns about tax evasion, stock price manipulation.

AML / KYC

Philippines Tightens Money Service Rules

By Samuel Riding | 23/01/2017

New rules limit cash transactions, require compliance with Anti-Money Laundering Act provisions.

AML / KYC

Philippine Authorises ‘Cash Agents’ in Financial Inclusion Drive

By Samuel Riding | 20/01/2017

Banks will be allowed to use off-site agents, including at convenience stores, to provide withdrawals, conduct KYC.

AML / KYC

HK, US Regulators Agree Cross-Border Monitoring

By Samuel Riding | 20/01/2017

Agreement covers cooperation on license exemptions and on-site visits for financial infrastructures and firms.

AML / KYC

RBI Unit to Boost Cybersecurity

By Samuel Riding | 19/01/2017

Central bank unit seeking 39 staff for roles in cybersecurity, research and innovation, systems audit.

AML / KYC

Bangladesh to Delay Heist Report Until Money Recovered

By Samuel Riding | 19/01/2017

Central bank officials accused of negligence in theft of $81 million.

AML / KYC

Singapore Accounting Regulator to Enhance Reporting Transparency

By Samuel Riding | 19/01/2017

Move aims to enhance governance standards, align with global AML, CTF standards.