Tag: anti-money laundering

CHINA | Moving to a Risk-based Approach

On March 1, 2022, the Measures for Financial Institutions on Customer Due Diligence and Client ID Information, and Transaction Records Management (‘Measures’) came effective. The Measures issued by the People's Bank of China, the Bank of China insurance regulatory commission, and the China Securities Regulatory Commission. It aligns with the current financial landscape. And international…

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AI GLOBAL MEDIA | Best Cross-Border Corporate Finance Advisors

Horizons named as ‘Best Cross-Border Corporate Finance Advisors’ by Wealth & Finance, Ethical Finance Awards. Accelerated digitalisation has simultaneously benefited economies and triggered criminal behavior. In finance, the anonymity of finance technology is increasing criminal activities such as money laundry and terrorist financing. Hence, jurisdictions around the globe are stepping up efforts to regulate finance-related…

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