ADVERTISEMENT
Anti-Money Laundering
Head of German FIU Resigns Over Secret SAR Backlog – Report
By Editors | 22/12/2022
The German FIU was sitting on more than 100,000 unprocessed SARs which it did not disclose to the FATF during its mutual evaluation.
Anti-Money Laundering
IDAXA to Develop Global AML Standards for Crypto Industry
By Editors | 20/12/2022
IDAXA has launched a new working group, chaired by former policymaker Andrew Churchill, to propose globally harmonised AML/CFT standards for virtual asset service providers and regulators.
Nature & Biodiversity
Weak Environmental Crimes Law a Risk to Investors
By ESG Investor | 19/12/2022
European Council’s position on the revised Environmental Crime Directive will damage portfolios as well as the environment, says WWF.
PEPs & Sanctions
AUSTRAC Releases First Proliferation Financing Risk Assessment
By Manesh Samtani | 15/12/2022
Australia is vulnerable due to lack of reporting requirements for DNFBPs and poor transparency of companies, trusts, and beneficial ownership.
Anti-Money Laundering
EU Council Agrees Position on AML/CFT Reform Package
By Manesh Samtani | 11/12/2022
The package includes AML/CFT rules for the crypto sector and a ban on cash payments over EUR 10,000, among other measures.
Anti-Money Laundering
Hong Kong Legislative Council Passes AML/CTF Amendment Bill
By Manesh Samtani | 08/12/2022
New licensing regime for VASPs will start on 1 June 2023. New registration regime for precious metals dealers will start on 1 April 2023.
Anti-Money Laundering
Japan Lawmakers Approve Revisions to Anti Financial Crime Laws
By Editors | 07/12/2022
The revisions will allow Japanese authorities to criminally punish crypto firms that do not comply with the Travel Rule.
Anti-Money Laundering
Swimming in Dirty Money: It’s Time to Dive Below the Surface
By Tom Keatinge | 05/12/2022
The failure to address the illicit finance in illegal, unreported and unregulated fishing is a glaring omission, says RUSI’s Tom Keatinge.
Anti-Money Laundering
FATF Calls on AML Practitioners to Target Opioids Trafficking
By Manesh Samtani | 02/12/2022
New FATF report provides risk indicators to help identify opioids trafficking, noting that FIs and DNFBPs are an “important source of information” for FIUs.
Anti-Money Laundering
FATF Re-rates China on Two More Recommendations
By Editors | 30/11/2022
China was re-rated for progress made in the implementation of PF-related targeted financial sanctions and on beneficial ownership transparency.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.