by Argus | Anti Money Laundering, News, Regulatory Compliance
Deutsche Bank’s US Unit involved in money-laundering case Compliance workers for Deutsche Bank AG flagged transaction amounting to $150 billion that their U.S. subsidiary handled for an Estonian unit of Danske Bank A/S. As shown by internal documents, court records...
by Argus | Monthly Newsletter, Regulatory Compliance
Articles & Events Summary Regulations for Money-Changing or Remittance Business in Singapore Money-changing or remittance businesses are licensed and regulated under the Money-Changing and Remittance Businesses Act 1979 (MCRBA). Money-changing involves the buying...
by Argus | Anti Money Laundering, Financial Institutions, News, Regulatory Compliance
New Zealand’s Financial Markets Authority issues AML/CFT monitoring report New Zealand’s FMA (Financial Markets Authority) has published an AML/CFT monitoring report setting out the areas requiring further attention by the management and boards of reporting entities....
by Argus | Payment Services Bill, Regulatory Compliance
Recommended for you -Compliance Obligations under New Payment Services Act → Regulations for Money-Changing or Remittance Business in Singapore Money-changing or remittance businesses are licensed and regulated under the Money-Changing and Remittance Businesses Act...
by Argus | Compliance, Financial Institutions, Regulatory Compliance
The Hong Kong Monetary Authority (HKMA) approves three Virtual banking licenses The Hong Kong Monetary Authority (HKMA) has granted virtual banking licenses on 27 March 2019 under the Banking Ordinance to Livi VB Limited, SC Digital Solutions Limited and ZhongAn...
