
Tag Archives: FATF


Revised SFC guidelines add clarity to AML requirements for cross-border correspondent relationships

September Regulatory Round-up: FinCEN leak; MAS’s individual accountability regime; removal of private OFC fund restrictions

March Regulatory Round-up: SFC postpones regulatory deadlines; Asian banks eager to close gap in AML compliance; Force majeure clause may affect PB trading contracts; Regulators scrutinise price transparency at PBs

Watchdog, regulator pledge support for FIs, highlight risks linked to pandemic

Three FIs receive record fines from PBoC for AML violations

November Regulatory Round-up: Final judgment on scope of “anti-Bartlett” clause; UBS fined for spread overcharges; Regulators launch AI frameworks as bank adoption increases

Singapore betters transparency in AML and beneficiary ownership: FATF

September Regulatory Round-up: Banks warned on liquidity risks; China removes quota control on two schemes

PBs should review PEP policies in line with FATF report: Mayer Brown

HK AML/CFT regime is “compliant and effective”, some room for improvement: FATF

AML-related breaches tripled YoY in Q2: SFC

June Regulatory Round-up: New FAQs on suitability requirements; SFC fines Credit Suisse for disclosure misconduct; FATF releases HK AML evaluation

FATF praises Hong Kong for “strong legal foundation”, suggests areas of improvement

FATF guidance improves outlook for virtual asset market

HKMA to launch new AML Supervisory Policy Manual

Identifying ultimate beneficial ownership regulators’ key AML focus, says expert

SFC proposes regulation amendments ahead of FATF inspection

Private banks providing trust services to face new wave of AML scrutiny

Financial regulators aligned on need for greater disclosure following data leaks

With inspection looming, Hong Kong could abandon bilateral approach to CRS preparations, says lawyer

Singapore regulators likely to become “more active” in AML space, says law firm

Hong Kong aims to enhance ownership transparency to coincide with FATF evaluation visit

AML processes to be tested by incoming EU funds transfer regulation, warns expert
