News from Complinet

September

• Bangladesh's central bank produces guidelines for mobile phone banking (01 September 2008)
• September deadline for feedback to JMLSG's proposed amendments to guidance (01 September 2008)

August

• US and Australian regulators strike 'landmark' mutual recognition deal (26 August 2008)
• Opening of settlement venues will help Turquoise (26 August 2008)
• Controlling liquidity crisis a priority, says AMF (19 August 2008)
• Basel II could pose risk to emerging economies, says bank official (19 August 2008)
• Syria and Turkey sign MoU (08 August 2008)
• SEC heralds online AML resource for mutual funds (08 August 2008)

July

• No money laundering found in Vietnam, says government body (28 July 2008)
• Practitioner panel takes FSA to task over continuing regulatory burden (28 July 2008)
• Bermuda passes first of three laws to combat laundering (21 July 2008)
• Greece drafts controversial amendment to laundering body of laws (21 July 2008)
• Indian regulator probes more cases than it can possibly handle (15 July 2008)
• Malaysia strengthens position as Asian Islamic finance hub (15 July 2008)
• UK discussions to share trade data with US in 'infancy' (09 July 2008)
• Banks' mid-year results must tell the whole crunch story, says Ecofin (09 July 2008)

June

• Indian central bank worried about rural banks as laundry targets (30 June 2008)
• Argentina targets banks and money exchangers on suspicion of AML rule breach (30 June 2008)
• HKMA model sees rising risk to banking sector (23 June 2008)
• Singapore's MAS considers tighter supervision of Islamic finance (23 June 2008)
• Valuation of complex instruments in need of improvement, Basel Committee says (16 June 2008)
• Not all banks have eye on op risk ball, tripartite authorities find (16 June 2008)
• Hong Kong reviews trust law (02 June 2008)
• Australia cuts 'red tape' for managed investment schemes (02 June 2008)

May

• India's central bank extends anti-money laundering net (27 May 2008)
• Europe has replaced US as global laundering capital, says economist (27 May 2008)
• Spanish banks identify 160 suspicious transactions per month (16 May 2008)
• Sants tells industry you can trust us on public disclosure of firms' data (16 May 2008)

April

• Japan and Singapore regulators get closer (28 Apr 2008)
• Commission proposes changes to post-trade directives (28 Apr 2008)
• Indonesia clears path for Basel II reforms (21 Apr 2008)
• Vietnam prepares for APGML visit (21 Apr 2008)
• Islamic finance needs regulatory push in Asia (15 Apr 2008)
• Indian markets welcome move to make regulators accountable to parliament (15 Apr 2008)
• Europe set for closer regulatory ties (07 Apr 2008)
• Second Life has effective AML regime founder tells House (07 Apr 2008)

March

• Togo paves way for financial intelligence unit. (31 Mar 2008)
• Financial Stability Forum seeks greater transparency in wake of turmoil (31 Mar 2008)
• EU recruits French judge to police US use of SWIFT data. (11 Mar 2008)
• Global banks' lobby to produce credit crunch recommendations (11 Mar 2008)
• Japan expands AML law ahead of FATF 'mutual evaluation' (04 Mar 2008)
• Treasury offers advice on wire transfers and third party reliance (04 Mar 2008)

February

• Banks resisted tougher stress tests before credit crunch, says Basel Committee (25 Feb 2008)
• Market conditions will not sway principles push, says FSA (25 Feb 2008)
• France set to transpose Third Money Laundering Directive (19 feb 2008)
• HMRC's approach to AML for money transfer firms (19 feb 2008)

January

• AUSTRAC stitches up loophole in AML/CTF Act (29 Jan 2008)
• Asian countries have failed to co-ordinate against crime, Interpol conference hears (29 Jan 2008)
• AIMA updates offshore hedge fund governance guide (18 Jan 2008)
• FSA widens liquidity reporting net (18 Jan 2008)
• Bahamas' AML regime does not meet correspondent banking standards, says CFATF (07 Jan 2008)
• Nigeria pressurises banks to track transactions (04 Jan 2008)