【Kuwait】Kuwait Targets Illegal Activity in Precious Metals Trade with New Guide
Editor’s NoteThis new guide from the Ministry of Commerce and Industry addresses a critical vulnerability. By outlining how illicit funds exploit the…
Customer Due Diligence
【China】China’s Anti-Money Laundering Policies in Financial Sector Undergo Continuous Optimization
Editor’s NoteThis article discusses new draft regulations from China’s financial regulators aimed at standardizing customer due diligence and…
【China】Anti-Money Laundering Supervision Upgraded: New Regulations for Financial Institution Customer Due Diligence Imminent
Editor’s NoteChina’s financial regulators have proposed new draft measures to strengthen customer due diligence and record-keeping requirements for…
【China】Starting August 1, Cash Purchases of Gold Exceeding 100,000 Yuan Must Be Reported
Editor’s NoteNew regulations from China’s central bank will require dealers in precious metals and gems to report large cash transactions starting in…
【China】Cash Purchases of Gold and Gems Exceeding 100,000 Yuan to Be Reported, Effective August 1
Editor’s NoteThis article outlines new anti-money laundering regulations from China’s central bank, mandating stricter compliance for dealers in…
【China】China to Require Reporting of Cash Gold Purchases Over 100,000 Yuan Starting August 1
Editor’s NoteChina has introduced new anti-money laundering regulations for the precious metals and jewelry sector, requiring businesses to enhance…