【Vancouver, C】Vancouver-based Diamond Jeweller Fined $264K for ‘Very Serious’ Violations
Editor’s NoteThis article details a significant compliance penalty levied against a major Canadian jeweller, highlighting the serious financial…
Financial Regulation
【Vietnam】Electronic Transfer Reporting Obligation: Domestic 500 Million VND, International 1,000 USD Thresholds
Editor’s NoteThe State Bank of Vietnam has issued a new circular (No. 27/2025/TT-NHNN) detailing provisions of the Anti-Money Laundering Law,…
【Hong Kong】Hong Kong Customs Reminds Non-Local Exhibitors at Jewelry Fair of Statutory Requirement to Submit Cash Transaction Reports under Precious Metals and Stones Dealers Regulatory Regime
Editor’s NoteThis article serves as a timely regulatory reminder for participants at the Hong Kong Jewellery & Gem Fair. It highlights the…
【Luxembourg】Alipay Fined €214,000 by Luxembourg Regulator for Anti-Money Laundering Breaches
Editor’s NoteThis article reports on a regulatory fine imposed on Alipay’s European entity for breaches of anti-money laundering rules. It serves as…
Why KYC and AML Compliance is Crucial for Cryptocurrency Exchanges
Editor’s NoteThis article outlines the critical roles of KYC (Know Your Customer) and AML (Anti-Money Laundering) protocols in cryptocurrency…
Why KYC and AML Compliance is Crucial for Cryptocurrency Exchanges
Editor’s NoteThis article explains the distinct yet interconnected roles of KYC (Know Your Customer) and AML (Anti-Money Laundering) protocols in…
【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…
【Mexico】2025 Anti-Money Laundering Law Reform: Impact and New Obligations for Regulated Entities
Editor’s NoteThis article outlines the key implications of the 2025 Anti-Money Laundering Law reform, which introduces new obligations for regulated…
【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…
【Seoul, South】Law Firm Report: Financial Institutions Urgently Need to Strengthen ‘Anti-Money Laundering Solutions’… Competitiveness Depends on Meeting International Standards
Editor’s NoteThis analysis highlights a critical shift in financial security, where systemic vulnerabilities are increasingly exploited by…