The management of anti-money laundering investigations, the lack of compliance standards for beneficial ownership, and the failure of standards implementation by the private sector, have all been highlighted by a senior FATF member as blind spots for AML in the Asia-Pacific region, at last week’s ACAMS Asia-Pacific conference in Singapore.
Filed under
- Asia-Pacific
- Cambodia
- China
- Macau
- North Korea
- Pakistan
- Singapore
- Sri Lanka
- Banking
- Compliance Management
- White Collar Crime
Topics
- Anti-money laundering
- Beneficial ownership
- Cryptocurrency
- Data sharing
- Due diligence
- Regulatory compliance
- Risk management
- Terrorism financing