Financial Action Task Force

PEPs & Sanctions

Korea Amends CFT/CPF Law to Expand Scope to Corporations

By Nithya Subramanian | 16/01/2025

Corporations linked to individuals involved in terrorism or WMD proliferation will be subject to restrictions on financial transactions and property disposals.

Anti-Money Laundering

MAS Issues New AML/CFT Notice for Market Operators

By Nithya Subramanian | 14/01/2025

The notice targets risks that arise from non-FI direct participants, which are not subject to the same AML/CFT requirements applicable to FI direct participants

Anti-Money Laundering

HKAB Updates AML/CFT FAQs to Align with Revised AMLO

By Sanday Chongo Kabange | 14/01/2025

The updated FAQs align with the AMLO amendments that came into force last year and provide additional guidance on dual-use goods.

Anti-Money Laundering

AUSTRAC Gains Expanded Powers Under Amended AML/CTF Act

By Sanday Chongo Kabange | 14/01/2025

Law firm Corrs Chambers Westgarth said the new powers, and the speed with which they have taken effect, could indicate that AUSTRAC will pursue individuals more actively

Anti-Money Laundering

Regulation Asia: Top 10 Contributed Articles for 2024

By Editors | 05/01/2025

This list presents the most-read contributed articles published by Regulation Asia in 2024, based on aggregated user traffic.

PEPs & Sanctions

Thailand Works to Address Risks of Myanmar Transactions

By Manesh Samtani | 04/01/2025

No evidence was found that transactions with Myanmar were linked to weapons purchases. A new sanctions policy has been issued.

Anti-Money Laundering

PNG Agencies Launch New Anti-Money Laundering Task Force

By Editors | 31/12/2024

The task force is described as a “crucial step” in PNG’s efforts to combat financial crime and avoid being placed on the FATF’s grey list.

Anti-Money Laundering

FATF Publishes Six Mutual Evaluation, Four Follow-up Reports

By Editors | 28/12/2024

New reports available for Marshall Islands, Nauru, Timor Leste, PNG, Oman, Argentina, Georgia, Monaco, Croatia, Poland

Anti-Money Laundering

Wolfsberg Group Issues Payment Transparency Roles & Responsibilities Guidance

By Editors | 23/12/2024

The guidance aims to help PSPs, regulators, and standard-setters understand their respective obligations in ensuring payment transparency.