AML / KYC

AML / KYC

RBI Officials Arrested for ‘Unauthorised Money Exchange’

By Samuel Riding | 19/12/2016

Two officials said to have given away new notes amounting to almost $300,000.

AML / KYC

HK SFC Issues Management Accountability Rules

By Samuel Riding | 19/12/2016

Proposals cover eight main functions including compliance and AML/CTF.

AML / KYC

BSP Issues New Pawnshop Rules

By Samuel Riding | 16/12/2016

New regulations aim to enhance financial inclusion, consumer protection.

AML / KYC

AUSTRAC Targets ML via Pubs, Clubs

By Samuel Riding | 16/12/2016

Centre issues fact sheets warning business owners to protect themselves.

AML / KYC

500 Indian Bank Branches Monitored in ML Probe

By Samuel Riding | 16/12/2016

Enforcement Directorate figures show four banks illicitly remitted $1.8bn outside India.

AML / KYC

Myanmar Clamps Down on Foreign Bank Accounts

By Samuel Riding | 15/12/2016

Banks given only 8 days to report foreign accounts held by executives; most held in Singapore.

AML / KYC

Australia to Set up Black Money Taskforce

By Samuel Riding | 15/12/2016

Group will aim to recoup tax and could remove A$100 note from circulation.

AML / KYC

APAC Regulators Set to Up Cyber-scrutiny

By Samuel Riding | 14/12/2016

FIs should also brace for more monitoring, enforcement, according to Deloitte, Simmons and Simmons.

AML / KYC

HKMA Issues AML/CTF Competency Framework

By Samuel Riding | 14/12/2016

Enrolment in courses run by Hong Kong Institute of Bankers begins in April 2017.