The Monetary Authority of Singapore (MAS) has penalised Standard Chartered Bank Singapore Branch (SCBS) and Standard Chartered Trust Singapore (SCTS)
9 Ocotber 2017 By Cindy Silviana, Hidayat Setiaji, REUTERS Indonesia is investigating reports that $1.4 billion (1.07 billion pounds) held
Stephen Platt, Chairman of KYC Technologies, offers an optimistic perspective on the impact of technology on AML compliance.
KYC360’s Tom Devlin interviews Simon Gaudion, Director of the Enforcement Division at the Guernsey Financial Services Commission.
Financial services providers must start adapting and expanding compliance procedures to deal with the new UK failure to prevent the facilitation of tax evasion offence that is set to come into force next year, says Ogier’s Head of Regulatory Services.
Victims of a fraud which leads them to transfer money to a con-artist are typically losing nearly £3,000 each, new figures show. The cost of so-called authorised push payment fraud has been calculated by UK Finance, ...
The European Council has added three states to the Annex 1 list of non-cooperative jurisdictions, dubbed the EU tax blacklist, saying they have failed to make commitments at ‘a high political level’ to address issues ...
By Amos Wittenberg In the field of NFC readers and facial recognition technology, passports seem a little old hat: delicately constructed, a relic from an ink and paper time. But the documents — or at least the ...
Financial institutions today face scrutiny at an unprecedented level and may be subject to civil and criminal penalties for any wrongdoing, involvement in money laundering schemes and terrorism financing. As a result, FIs are rigorously searching ...
British and Australian authorities have andorsed an agreement to continue working closely on fintech innovation and assisting businesses in the
The European Parliament has announced the appointment of Czech politician Petr Ježek as head of its new financial crime TAX3
France plans to create a legal framework for raising funds via cryptocurrencies and aims to become a leading center for
Former French President Nicolas Sarkozy says allegations he received campaign funding from late Libyan leader Muammar Gaddafi are making his