AML / KYC

AML / KYC

UBS Complies with ‘Nova Scotia’ Summons

By Samuel Riding | 24/06/2016

Office in Miami provides details of Singapore account held by US citizen living in China.

AML / KYC

Hong Kong Code of Conduct Breaches Surge

By Samuel Riding | 23/06/2016

SFC Annual Report also reveals sharp rise in AML breaches.

AML / KYC

ASIC Flags OTC Derivatives Compliance Failures

By Samuel Riding | 21/06/2016

More than 70% of firms authorised to sell retail OTC derivatives said failing to meet requirements.

AML / KYC

SGX Finalises Sustainability Reporting Rules

By Samuel Riding | 21/06/2016

Singapore Exchange introduces reporting on ‘comply or explain’ basis.

AML / KYC

No Super-Regulator Soon, China Think Tank Says

By Samuel Riding | 17/06/2016

Influential research center says reform should focus on ‘regulatory philosophy’ over next 2-3 years.

AML / KYC

Indonesia Setting up Investments for Tax Amnesty Influx

By Samuel Riding | 16/06/2016

Infrastructure funds could capture some of the millions of dollars expected to repatriated.

AML / KYC

Bangladesh to Prosecute Staff Involved in USD81mn Heist

By Samuel Riding | 16/06/2016

11 central bank staff ask for different posts as finance ministry prepares criminal cases.

AML / KYC

SWIFT to Beef up Spending on Security

By Samuel Riding | 15/06/2016

Board earmarks investment and staff to boost security after Bangladesh heist.

AML / KYC

MAS Sets Up Dedicated AML Unit

By Samuel Riding | 14/06/2016

Singapore regulator will also create new enforcement unit, drawing in staff from different divisions.