AML / KYC

AML / KYC

Taiwan FSC Concerned by Mega Bank Data Request

By Samuel Riding | 22/09/2016

Regulator says disclosure could breach confidentiality rules, harm foreign customers.

AML / KYC

SFC Urges Brokers to Enhance AML Controls

By Samuel Riding | 22/09/2016

Licensees are vulnerable on being used to launder money and finance terrorism, regulator says.

AML / KYC

HKMA to Add Cybersecurity, AML to Competency Framework

By Samuel Riding | 21/09/2016

Measures are part of efforts to boost Hong Kong’s competitiveness as a fintech hub.

AML / KYC

Fund Managers Struggling with On-boarding Inefficiency, Study Finds

By Samuel Riding | 20/09/2016

Clarient Global report suggests nearly two-thirds of firms have difficulty obtaining client information.

AML / KYC

BSP Ordered to Return $15mn to Bangladesh

By Samuel Riding | 20/09/2016

Bangladesh seeking to recover another USD2.7 million frozen by Philippines’ casino regulator.

AML / KYC

Thailand Introduces e-KYC Rules

By Samuel Riding | 20/09/2016

Telecom and banking industry also form joint security plan for mobile and e-banking.

AML / KYC

Taiwan Investigating Ex-regulators in Mega Bank Case

By Samuel Riding | 19/09/2016

Parliamentary task force is looking at possible money laundering and insider trading.

AML / KYC

Singapore Banks Required to Report Indonesia Amnesty Clients

By Samuel Riding | 16/09/2016

MAS says reporting does not necessarily mean a client will be investigated by the police.

AML / KYC

ASIC Releases Remediation Guidelines for Financial Advisers

By Samuel Riding | 16/09/2016

Measures aim to prevent systemic risk arising from advisers’ conduct.