【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…
Financial Regulation
【Argentina】Regulation for the Trade of Cultural and Luxury Goods
Editor’s NoteThis article outlines new regulatory requirements from Argentina’s Financial Information Unit (UIF). Resolutions 54/2024 and 55/2024…
【New Delhi, I】Apple Removes Binance and 8 Other Crypto-Exchange Apps from Store: Apps Violated Indian Laws, Finance Ministry Had Issued Notice
Editor’s NoteThis article reports on Apple’s removal of major cryptocurrency exchange apps, including Binance, from its App Store. The action follows…
【Philippines】Burden of AML Compliance Rests on Philippine Casino Operators: Lawyer
Editor’s NoteThis article highlights the Philippines’ continued inclusion on the FATF’s “gray list,” with casino junket operations cited as a key…
【India】Government Provides Information: Offshore Crypto Exchanges Also Under Money Laundering Act’s Purview, 28 Exchanges Registered with FIU
Editor’s NoteThe Finance Ministry has confirmed that 28 cryptocurrency exchanges are now registered with India’s Financial Intelligence Unit, with…
【Dubai, UAE】UAE Suspends Emirates Gold Refinery from Its Good Delivery List
Editor’s NoteThe UAE has temporarily suspended Emirates Gold DMCC, a major Dubai-based refinery, from its responsible sourcing certification scheme….
【Hong Kong】Hong Kong Customs Participates in Jewellery Fair to Promote Precious Metals and Stones Dealers Regulatory Regime (with photo)
Editor’s NoteHong Kong Customs will promote its new regulatory regime for precious metals and stones dealers at this week’s jewellery fair, offering…
【Hong Kong】SFC to Announce Final Guidance on Virtual Asset Trading Platform Regulation Next Month
Editor’s NoteThe Hong Kong Securities and Futures Commission is set to finalize its regulatory framework for virtual asset trading platforms next…
【Sinaloa, Mex】Real Estate Companies Urged to Comply with Anti-Money Laundering Law
Editor’s NoteThis article highlights a significant compliance gap in Sinaloa’s real estate sector, where only 250 of 800 companies have appointed the…
【Mexico】SAT Targets Money Laundering: To Visit Taxpayers with ‘Vulnerable Activities’
Editor’s NoteThis article reports on the Mexican Tax Administration Service (SAT) launching verification visits to taxpayers’ homes as part of…