FINTRAIL is producing a monthly regulatory summary of any FinCrime changes that may be occurring across APAC.
This issue will cover:
Key updates from regional and local regulators
Key updates from industry guidelines
Additional insights identified from financial intelligence units
September 2021
This months APAC Regulatory recap covers the key regulatory updates in the region, including AUSTRAC’s findings from the Australian banking sector, money laundering/terrorist financing risk assessment.
Also, the Philippines Securities and Exchange Commission has issued the new the AMLC Sanctions Guidelines, and Hong Kong's Securities and Futures commission has finalised its AML guidelines for the securities sector which will change the way banks and asset managers onboard clients.
If you are interested in speaking to the FINTRAIL team about any of the items in the REG-CAP, have any ideas for inclusion or want to discuss any other financial crime topic please get in touch at: contact@fintrail.com