Electronic Know-Your-Customer (e-KYC): Anti-money Laundering in Thailand in the Digital Era

The Bank of Thailand has introduced a new regulation to facilitate the Know-Your-Customer process by using an electronic means for account opening for deposit acceptance or fund acceptance from public.

Turkish Anti-Money Laundering (AML) Measures Tightened

As part of its fight against money laundering and financing terrorist acts and organizations, the Ministry of Finance issued the Regulation on Suspension of Suspicious Transactions

Hong Kong: Money Laundering Does Not Require Actual Knowledge

The Court of Final Appeal in Hong Kong confirms money laundering offence does not require actual knowledge nor does the property need to be actual proceeds of crime.

Recent Developments in the Banking Sector and AML in Kuwait

This article provides a brief summary of thelatest developments in the banking sector in Kuwait, information on branches and representative offices of banks in Kuwait and anti-money laundering regulations.

MAS Issues Proposed Enhancements to Resolution Regime for Financial Institutions in Singapore

The MAS' proposed framework covers recovery and resolution planning, temporary stays and suspensions of termination rights triggered by resolution, statutory bail-in powers, cross-border recognition of resolution actions, creditor safeguards and resolution funding.

The latest in anti-money laundering and counter-terrorism financing: What you need to know

Insights from the 8th Annual Association of Certified Anti-Money Laundering Specialists (ACAMS) Asia Pacific Anti-Money Laundering and Financial Crime Conference in Beijing

Cooperation between Laos and South Korea to combat money laundering and terrorism-financing

The Laos Anti-Money Laundering Intelligence Unit and the Korea Financial Intelligence Unit signed a memorandum of understanding with regards to anti-money laundering and combatting the financing of terrorism-

Thailand: Anti-Money Laundering Law Strengthened

The Thai Anti-Money Laundering Act B.E. 2542 was recently amended. The new amendment makes changes to provisions to be in-line with the current anti-money laundering situation, to increase enforcement efficiency, and to conform to international standards.

Anti-Money Laundering in Kuwait

Money laundering is often viewed as a victimless crime but the truth of the matter is that it is a very important cog to the machinery funding organized crime and terrorism across the globe. Learn how Kuwait is tackling the AML challenge.

Laos: New Anti-Money Laundering Law takes effect

Law No. 49/NA on Anti-Money Laundering and Combatting the Financing of Terrorism (“AML Law”), issued on 21 July 2014, took effect on 24 February...

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