This article (https://www.dawn.com/news/1322817) published in ‘Dawn’ last year not only describes the K&K case clearly but at that highlights some of the underlying issues in Pakistan. A large informal economy, a tradition of sending money abroad and widespread use of hawala networks are the 3 basic factors. Then there’s a widespread use of
01 October 2019
Hong Kong is only one country where regulators are focusing more and more on TBML as can be read in this article http://www.gtreview.com/news/asia/hk-banks-warned-over-trade-based-money-laundering/ . TBML is less transparent and harder to detect than more traditional types of money laundering. As the article mentions “there is no rigid set
09 May 2017 Asia Financial Services
In a recent article by Pjotr Kaminski and Kate Robu both working for McKinsey&Company an outline is given for a more structural solution to deal with ever increasing regulatory requirements and compliance challenges < http://www.mckinsey.com/business-functions/risk/our-insights/a-best-practice-model-for-bank-compliance >. The title of
11 April 2017 Asia Financial Services
great idea...
23 Aug 2017 02:41 Read comment
Angelo CaciMD at Syrtals Consulting
Darren ThomasMD at IHS Markit
Angela YoreMD at SkyParlour
Alastair RutherfordMD at ASCENDANT STRATEGY LTD
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