Silverbond Enterprise Limited failed to implement enhanced due-diligence on its top 250 customers, breaching licensing provisions on AML operator responsibilities.
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Silverbond Enterprise Limited failed to implement enhanced due-diligence on its top 250 customers, breaching licensing provisions on AML operator responsibilities.
The founder of the exchange Hassanien Touma was banned on 20 May 2019 from any management roles at a business governed by AML regulations.
It has been reported that Hong Kong’s AML/CFT regime is assessed to be compliant and effective overall which makes it the first APAC jurisdiction to achieve an overall compliant result in the current round of FATF evaluations.
The Morrison government is finalizing legislation and will soon criminalize cash transactions $10,000 or above.
On Tuesday (3 September), Dutch officials of the Central Bank of Netherland released a statement that Crypto companies must register with them including foreign-based companies which are offering their crypto services to the people of the Netherlands or not be able to continue to provide services in the country.
The Central Bank of Malaysia – Bank Negara Malaysia is finalizing revisions to country’s guidelines against money laundering and terrorism financing.