Financial Action Task Force

Anti-Money Laundering

FSS Asks Credit Card Firms to Improve AML

By Editors | 11/03/2016

Lotte and Hana warned about poor customer management.

Anti-Money Laundering

Malaysia Joins FATF

By Samuel Riding | 21/02/2016

Financial Action Task Force cites country’s commitment to action plan after 2015’s mutual evaluation.

KYC & CDD

Correspondent Banking KYCC ‘Impossible’ in HK, Singapore – Thomson Reuters

By Samuel Riding | 27/01/2016

Both jurisdictions said unlikely to implement FATF recommendations before the end of this decade.

Capital Adequacy

The Regulatory Outlook for Australia

By Wolters Kluwer Financial Services | 15/01/2016

How integrated data, closer connectivity between risk and finance and new technology address the challenges Australian institutions face.

Anti-Money Laundering

FATF to Introduce Special CTF Measures

By Samuel Riding | 15/12/2015

Special follow-up measures to be introduced in February alongside meeting to discuss stronger standards.

Anti-Money Laundering

FATF Issues AML/CFT Guidance

By Editors | 01/12/2015

Financial Action Task Force guidance focuses on ‘main outcomes’ in tackling money laundering, terrorist financing.

Anti-Money Laundering

HKMA Reminds Institutions of FATF Warnings

By Samuel Riding | 10/11/2015

Letter to Hong Kong institutions reiterates need for AML/CFT countermeasures, scrutiny on Iran, North Korea and Myanmar.

Anti-Money Laundering

FATF Prioritising Terrorist Financing and De-risking

By Editors | 16/10/2015

President of money laundering task force sets agenda at Compliance Forum on SIBOS Day 2

Anti-Money Laundering

Myanmar Central Bank Releases AML/CTF Guidelines

By Editors | 05/10/2015

The Central Bank of Myanmar has published risk management guidelines for anti-money laundering and counter terrorist financing at financial institutions.