White Paper

AML in Asia: Future-proof strategies for a time of flux

Company: Wolters Kluwer

Wolters Kluwer  case study

Category: Taxation

Published: 05 November 2015

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Overview

The time when anti-money laundering (AML) regulation was primarily seen as a Western concern is rapidly drawing to a close.

In recent years tighter AML controls have arrived in Asia-Pacific (APAC) countries, emerging as a major focus for regional authorities. Now more than ever, financial institutions must accept increased scrutiny and compliance requirements around AML as the ‘new normal,’ and develop their strategies and practices accordingly.

This white paper discusses how compliance to AML regulation is becoming an increasing force in Asia-Pacific countries and the possible challenges that financial institutions may endure. 

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