Our extensive knowledge at your fingertips

Latest editions


IMF assesses the potential effects of a downside scenario from ‘de-risking’ between China and OECD economies

Latest edition of Regional Economic Outlook looks at the potential impacts of de-risking in major economies on economic growth in China.

US Treasury announces cyber security cooperation Memorandum of Understanding with the United Arab Emirates

MoU enhances cooperation in the following areas: Information sharing relating to the financial sector including cybersecurity information on incidents and threats;
Staff training and study visits to promote cooperation in the area of cybersecurity; and Competency-building activities such as the conduct of cross-border cybersecurity exercises.

SEBI, Securities and Exchange Board of India have issued an amendment to their AML guidelines

These guidelines relate to the rules framed under the prevention of money laundering Act 2002. For the uninitiated, Prevention of ML Rules, 2023 came into force on Sep 4, this year, and in view of these amendments, certain provisions of the master circular stand to get modified…

Reserve Bank of India (RBI) has overhauled its ‘Master’ Know Your Customer (KYC) guidelines

RBI has issued new guidelines for Know Your Customer (KYC) to strengthen the customer verification system. Under this, banks and non-banking financial companies (NBFCs) have been asked to adopt a risk-based approach regarding KYC updates from time to time…

Australia Introduces Stricter Verification Rules for Online Gambling

Australia Introduces Stricter Verification Rules for Online Gambling. Australia’s anti-money laundering regulator, AUSTRAC, has announced that online gambling service providers must implement stricter customer identification procedures in the coming year…

Australian Governments agree to implement customer pre-verification for online gambling accounts

To implement this measure, the AML/CTF Rules have been amended to strengthen the applicable customer identification procedures (ACIP) that apply to online gambling service providers.

HKMA publishes “AML/CFT Regtech: Case Studies and Insights Volume 2”

Shares real-life use cases from banks in their Regtech adoption to make their AML/CFT efforts more effective and efficient.

GI-TOC publishes report on ‘Trafficking illicit medical products in West Africa’

This report analyses the market’s key characteristics and enablers and assesses national and regional responses. West Africa has become a hotspot for the trafficking of medical products, with estimations that the illicit market makes up to 80% of medical products in…

MAS reports robust enforcement outcomes and enhances disclosure of statistics

The Monetary Authority of Singapore (MAS) issued its 4th Enforcement Report (963.6 KB), detailing robust enforcement actions taken against financial institutions (FIs) and individuals for money laundering (ML)related offences, market abuse, financial services misconduct…

APGML Mutual Evaluation Report on Nepal

This report provides a summary of the AML/CFT measures in place in Nepal as at the date of the on-site visit 5 to 16 December 2022.

The UAE launches AML/CTF website

The step represents UAE Executive Office AML/CTF’s commitment to transparency, information dissemination, and collaboration in the fight against money laundering and financing of terrorism, and demonstrates the efforts made by the UAE in the area of AML/CFT…

APGML publishes typologies report on money laundering associated with tax crimes

The findings in this report are based upon three major inputs. Firstly, the project team undertook a review of existing literature. Secondly, APG members completed a comprehensive questionnaire outlining their jurisdiction’s existing knowledge and systems used to combat ML related to tax crimes. Thirdly, members provided case studies of the laundering of the proceeds of tax crimes.