ADVERTISEMENT
AML / KYC
Wolfsberg Group Offers Guidance on Adverse Media Screening
By Editors | 12/05/2022
New FAQs highlight the need for FIs to understand how vendors evaluate data source reliability and the controls they have in place address unreliable sources.
AML / KYC
Indian AML Investigators Threatened, Coerced Xiaomi Execs – Reports
By Editors | 11/05/2022
In a court filing, Xiaomi India alleges that Enforcement Directorate officials threatened two of its executives and their families with physical violence during questioning.
AML / KYC
The EU’s MiCA Races to Create a Regulatory Superhighway
By Ari Redbord | 11/05/2022
Ari Redbord outlines what crypto-asset service providers need to understand as discussions continue on an EU-wide regulatory framework for crypto.
AML / KYC
Bangladesh Bank Opens RTGS to NBFI Participation
By Editors | 11/05/2022
Bangladesh Bank has also recently removed pre-set limits on online money transfers between customers’ bank accounts.
AML / KYC
MONEYVAL Calls for Clampdown on Crypto-enabled Money Laundering
By Mark Johnston | 11/05/2022
Some smaller cryptocurrencies are being established specifically with the motive of laundering, while larger virtual assets are seeing “heavy” manipulation.
AML / KYC
US SEC, DOJ File Fraud Charges Over $62mn Crypto Fraud
By Editors | 10/05/2022
MCC International Corp and its founders were charged for selling fraudulent investment plans that promised daily returns from crypto mining and robotic trading.
Enforcement
Cum-Ex Scandal Widens like a Regulatory Inquisition
By Peter Guy | 10/05/2022
A common tax arbitrage trading strategy is now being prosecuted as outright tax avoidance, catching global banks and traders in a broad net.
AML / KYC
US Considers Sanctions Against China’s Hikvision: Reports
By Mark Johnston | 10/05/2022
The possible inclusion of Hikvision on the SDN List would have far-reaching consequences because its equipment is used -in more than 180 countries.
AML / KYC
OFAC Sanctions Crypto Mixer, 49 More Wallet Addresses
By Editors | 09/05/2022
Crypto mixer Blender.io was used to process over $20.5mn of the crypto stolen from the Axie Infinity hack in March, OFAC said.
AML / KYC
EU Oil Embargo Opens Possibilities for Further Sanctions – Report
By Editors | 09/05/2022
The US could enforce secondary sanctions against designated Russian entities and individuals, which would threaten anyone transacting with Russia.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.