Tag: FATF

Malaysia’s financial sector is entering a critical transformation period as regulatory expectations tighten and financial crime threats evolve. Banks are operating under heightened pressure...

Singapore’s position as a major financial hub places significant responsibility on its payments sector to prevent illicit finance from flowing through the system. Anti-money laundering...

Trade-based money laundering (TBML) has become one of the most challenging threats facing the financial system, as illicit funds can be hidden behind legitimate...

In financial compliance, missing genuine risks can bring serious consequences—but the overzealous approach of blanket de-risking is creating a different kind of crisis. Rather than...

The Financial Action Task Force (FATF) has rolled out major updates following its October 2025 Plenary, reshaping how financial institutions and regulated entities approach...

In August 2024, Singapore’s Parliament enacted the Anti-Money Laundering and Other Matters Act 2024, a major development that reinforces the city-state’s global reputation as...

Identifying ultimate beneficial owners (UBOs) remains one of the toughest challenges for compliance teams conducting customer due diligence (CDD). According to KYC360, these individuals, who...

When the Financial Action Task Force (FATF) arrives in Canada later this year, it will mark a crucial test of the country’s financial crime...

Luxury property across Africa has long been a magnet for illicit financial activity. From offshore residences used for tax evasion to the seizure of...

As regulators tighten anti-money laundering (AML) expectations worldwide, stablecoin firms are under increasing pressure to apply “bank-level” compliance controls. Authorities from Singapore’s Monetary Authority...