by Jyotsna Bucktowar | Jul 2, 2024
Parliament passed two Bills amending laws governing CSPs and entities, following a debate where Second Finance Minister Indranee Rajah addressed queries from MPs, particularly regarding the new nominee directorship requirements. Under the new rules, only a corporate...
by Jyotsna Bucktowar | Jun 16, 2023
According to the amended guidelines, any individual or group holding 10% ownership in the client of a ‘reporting entity’ will now be considered a beneficial owner as against the ownership threshold of 25% applicable earlier. These entities were required to...
by Jyotsna Bucktowar | Jun 16, 2023
Angola should take necessary steps to collect information necessary to assess and understand the ML/TF scale/magnitude through review of the NRA or any other risk assessment process including risks from VASPs, legal persons and arrangements and NPOs…
by Jyotsna Bucktowar | Jun 7, 2023
The AMLab series helps enhance capabilities in the use of data and technology to respond effectively to the heightened threat of digital fraud and related ML, which increasingly threatens the integrity of our banking system as well as undermines trust in digital...
by Jyotsna Bucktowar | May 23, 2023
The methods and techniques used to commit terrorist crimes associated with the NPO sector represent a challenge for entities which are competent to fight these crimes and pose many challenges for competent entities to combat them, clearly putting the countries’...
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