To pKYC or not to pKYC
FIs need to consider their willingness to adopt a new pKYC platform and take decisions in line with their current traditional approach to addressing KYC requirements.
Newsletter 2021 Q2
Welcome to the second issue of the RegTech Association of Hong Kong Newsletter. This newsletter aims to keep our members informed and involved in the latest updates of the RegTech industry and our events. We hope you enjoy!
Featured Article: Challenges and Opportunities of RegTech adoption in AML/CFT
In June 2019, the HKMA carried out a survey of Authorized Institutions and Stored Valued Facility licensees on the deployment of RegTech tools to manage their ML/TF risks.
Featured Article: 21st Century KYC/AML for Hong Kong
In the past decade, regulators, both locally and internationally, have passed strict anti-money laundering/know your customer (AML/KYC) regulations that have forced banks to invest heavily in this function just to be in compliance.
Announcement: AML Analytics Acquired McDonell-Nadeau Consultants
AML Analytics, world leaders in the testing and validation of sanction screening and transaction monitoring technologies, has acquired McDonell-Nadeau Consultants.