NICOSIA, July 3 (Xinhua) -- The volume of deposits in Cypriot banks held by non-EU citizens -- mostly Russians -- has dropped to an all-time low as a result of the government's stricter anti-money laundering measures, according to figures released by the Central Bank of Cyprus on Wedne...
The two central banks also signed a Memorandum of Understanding (MoU) to forge closer cooperation on innovation in payments and digital financial services, as well as surveillance on anti-money laundering and counter financing of terrorism. "Moving in tandem with the increasing interdependence of tech...
395 determinant of capital ratio: a panel data analysis on state-owned banks in indonesia determinant of capital ratio: a panel data analysis on state-owne... The anti-money laundering (AML) provisions of the USA Patriot Act of 2001 significantly expanded the private sector's role in disrupti...
3 Several geographies in Southeast Asia have become digital-economy hot spots, with Indonesia likely to see growth of 25 percent per year through 2025.4International bodies are playing a role in disrupting the status quo. At the behest of the G20, the Financial Stability ...
The latest data suggest that Fitch-rated banks in Hong Kong, India, Indonesia, Malaysia and Taiwan have the largest AFS securities ...Thai banks net profit stood at 146.2 billion baht in 2020 by Aishwarya Gupta February 23, 2021 The Thai banking system remained resilient with high levels of ...
The active role of Sharia Supervisory Board in Sharia compliance and risk mitigation: a case study of Bank NTB Syariah, Indonesia This study aimed to shed light on the roles of the Sharia Supervisory Board (SSB) in carrying out their tasks, particularly in ensuring the compliance of S... M...
Banks that wish to compete for customer loyalty and satisfaction in today’s transformative age need to ensure that, first and foremost, they can meet expectations. Yet, with these expectations continually shifting, banks need to ensure they not only put their customers at the heart of what ...
FICO'sIntegrated AML Compliance Surveywas produced inMay 2020using an online,quantitative poll of 256 senior executivesfrom banks acrosseleven countriescarried out on behalf of FICO by an independent research company. The countries surveyed wereAustralia,Hong Kong,Indonesia,Malaysia,...
[37], who stated that executives in Chinese commercial banks possess sufficient understanding to read beyond the numbers. Conversely, this finding differs from [21], which indicated that small companies in Indonesia were vulnerable to fraud due to their executives’ weak financial understanding. The ...
Consider how much territory falls in the high-risk category—namely, a territory where an extreme event such as a hurricane or flood has a high probability of occurrence. As an example, Jupiter categorized 43% of the US, 63% of Australia, and 31% of Indonesia as high risk. For all coun...