The European Banking Authority (EBA) has published a report taking stock of actions by all competent authorities to address its findings and recommendations.This follows in-depth reviews carried out ...

He joins alongside incoming U.S. Chief Financial Officer Andre Ramos, a longtime JPMorgan Chase executive, as part of what ...

Focusing regulatory energy on mixers while letting exchanges remain the primary fiat gateways for illicit funds is like ...

Powers to crack down on money laundering schemes linked to cryptocurrency and crypto ATMs could help vulnerable international ...

While the latest BSP circular appears essentially good to discourage the use of cash for illicit activities and promote the integrity of the banking system, it is more negative than positive to our al ...

UOB Kay Hian noted that the breaches occurred between 2019 and 2023. The firm said it has been working closely with MAS and taken steps to strengthen key anti-money laundering related controls. "All ...

The government is cracking down on illicit money flows. Right now, essential players like real estate agents and lawyers are not fully covered by anti-money laundering (AML) laws. This will mean a ...