KYC & CDD

Regulation Asia Awards for Excellence 2023 – Results Announcement

15/11/2023

Regulation Asia held its sixth annual Awards ceremony on 14 November 2023. Here we explain our methodology and announce the winners for the year.

PEPs & Sanctions

OFAC Issues Guidance on Humanitarian Aid to Palestinians

15/11/2023

OFAC says guidance is intended to help NGOs navigate US sanctions while providing aid to Palestinian people.

PEPs & Sanctions

OFAC Probes Shipping Companies as Russia Circumvents Oil Sanctions

15/11/2023

US Treasury sent letters to companies seeking information about 100 vessels, according to a Reuters report.

PEPs & Sanctions

US and UK Announce Sanctions on Hamas Leaders and Financiers

15/11/2023

Latest coordinated US and UK sanctions target Hamas leadership and financial channels in the Middle East.

Structural Regulation

ISDA Awarded Industry Association of the Year 

14/11/2023

ISDA was recognised for its work providing fact-based advocacy, research and analysis across a range of initiatives

AI Risk & Governance

Accenture Awarded Outstanding Contribution to Regulatory Reforms 

14/11/2023

Accenture was recognised for its collaboration with regulators and industry practitioners to shape the Responsible AI journey for Singapore

Anti-Money Laundering

Bank of Singapore Awarded Best Use of Artificial Intelligence in AML 

14/11/2023

Bank of Singapore was recognised for its use of machine learning to examine client behaviours and patterns and flag potential tax evasion

Fraud, Scams & Cybercrime

Group-IB Awarded Anti-fraud Project of the Year 

14/11/2023

Group-IB was recognised for its Cyber Fraud Intelligence Center Project, which monitors and aggregates diverse data sets to generate insights on fraud threats and patterns.

Trade Based Money Laundering

Lloyd’s List Intelligence Awarded Best TBML & Trade Compliance Solution

14/11/2023

Lloyd’s List Intelligence was recognised for its Seasearcher Suite of data and analytics solutions