AML / KYC

AML / KYC

1,100 Staff Breach Conduct Code at Australian Bank

By Samuel Riding | 03/03/2017

2 senior managers dismissed and 3 disciplined for breaches.

AML / KYC

RBI Tracks Cancelled Notes to Nepal

By Samuel Riding | 03/03/2017

Officials suspect money laundering via exchange of banned notes, newspaper reports.

AML / KYC

FSB to Develop Reform Impact Assessment

By Samuel Riding | 02/03/2017

Framework due to be published before July’s G20 Summit.

AML / KYC

HK to Expand Professional Investor Qualification

By Samuel Riding | 02/03/2017

Joint accounts and existing investments to be counted towards qualification amount.

AML / KYC

HK Regulatory, Compliance Demand Steady

By Samuel Riding | 01/03/2017

Morgan McKinley report says cybersecurity among the strongest areas of demand.

AML / KYC

Singapore Trusts Face Stricter Reporting Rules

By Samuel Riding | 01/03/2017

Trustees would be required to report beneficial ownership details, maintain ‘proper accounting records’.

AML / KYC

FATF Revises CTF Methodology

By Samuel Riding | 27/02/2017

Activities including natural resources trade included in definition of ‘economic support’ to terrorists.

AML / KYC

New CBRC Chief Set to Head ‘Super Regulator’

By Samuel Riding | 24/02/2017

Guo Shuqing likely to head ‘single operating body’ with authority for banking, securities and insurance regulation.

AML / KYC

Indonesia Rushes to Complete CRS Legislation

By Samuel Riding | 24/02/2017

Government considering urgent ‘regulation in lieu of law’ on banking secrecy.