AML / KYC

AML / KYC

GRC – The Path to Managing Regulatory Change Intelligently

By Derek McGibney | 29/06/2017

Why small and medium-sized firms don’t need an ‘oversized’ compliance effort.

AML / KYC

Southeast Asia Roundup

By Editors | 29/06/2017

The Philippine government passed amendments to the country’s AML (anti-money laundering) law, bringing casinos under it’s rules for the first […]

AML / KYC

Australia Eyes Stronger Powers for ASIC

By Editors | 29/06/2017

The Australian Treasury issued a trio of proposals to enhance the enforcement powers of ASIC.

AML / KYC

KYC Roundup – India Confirms Mandatory ‘Aadhar’ Use

By Editors | 19/06/2017

India makes use of Aadhar cards compulsory for opening bank accounts, large transactions The Indian government last week confirmed that […]

AML / KYC

Fubon Bank Fined for AML Rule Violation

By Editors | 15/06/2017

Taiwan’s FSC (Financial Supervisory Commission) has reportedly fined Taipei Fubon Commercial Bank NT$1 million (US$33,200) for failing to report large […]

Enforcement

ASIC Flags Fund Manager Compliance Failures

By Editors | 15/06/2017

ASIC (the Australian Securities and Investments Commission) issued recommendations to improve conduct in the funds management sector, citing several failures […]

AML / KYC

Asian Institutions Concerned by China Corruption – Report

By Editors | 15/06/2017

A survey on global corruption by advisory firm AlixPartners found China remains one of the riskiest countries in which to […]

AML / KYC

HK Brokers’ Operations Halted for Allegedly Handling Proceeds of Crime

By Editors | 13/06/2017

Hong Kong’s SFC (Securities and Futures Commission) issued a restriction notice on a foreign exchange broker amid concerns money it […]

AML / KYC

Pakistan PM to Attend Panama Papers Inquiry

By Editors | 12/06/2017

A joint investigation team probing least year’s Panama Papers revelations called on Pakistan’s Prime Minister Nawaz Sharif to answer questions […]