Singapore regulator gives customer onboarding guidance
New guidance on the use of tech solutions for non-face-to-face customer onboarding.
money laundering
UK’s new watchdog shows AML instinct
Office for Professional Body AML Supervision is unleashed.
Italian Financial Police round up money-laundering gang
The Italian Financial Police (Guardia di Finanza), supported by Europol, arrested 10 members of a transnational criminal group yesterday. The criminals, mainly Nigerian citizens, were involved in laundering the proceeds of online fraud, amounting to more than €2.5 million.
The race is on: banks and regulators prepare for AML changes
The European Union and the larger international policy community have given substantial attention to anti-money laundering regimes this year, cueing both financial institutions and regulators to begin the race to implement and enforce respectively, writes Aamir Khan, general counsel and head of London office at Clutch Group.
