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
Q4 2020 - Jan 2021
This Reg-Cap summarises some of the main regulatory updates across APAC countries within the last quarter of 2020 and beginning of January 2021. Key highlights include changes to national AML/CTF laws across the region, specifically relating to Virtual Asset Service Providers (VASPs) to align the scope of local regulation with FATF Standards on AML/CTF for VASPs.
What other regulations changes caught your eye at the start of 2021?
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.co.uk