Regtank Insights

Explore latest news, guides, updates and other insights.
Have the latest compliance insights delivered to you.

Subcribe Form (Insights Page)

This field is for validation purposes and should be left unchanged.

Weekly Market Roundup

Subscribe to Regtank on Youtube for more.

What is Compliance Reporting and the Importance of it

What is Compliance Reporting ? Compliance reporting is a part of the core compliance process. It is a mandatory requirement by regulators to build and maintain compliance reports. The reports are used to assess whether the company has been complying with the regulations and document the current state of the organisation’s compliance posture.  Generally, a […]

Read full post
Regtank STR VASP Best Practices

STR Tips Based on Emerging Best Practices for VASPs

What is an STR/SAR? A Suspicious Transaction Report (STR) / Suspicious Activity Report (SAR) is made when a person or institution suspects that any property is directly or indirectly connected to a criminal conduct, and the knowledge or suspicion arose during the course of the business or exchange. While suspicious and/or unusual activity alone does […]

Read full post
Regtank IBM Hyper Protect Accelerator 2021

Regtank selected as Friends of Hyper Protect under IBM Hyper Protect Accelerator 2021

16 September 2021 | Singapore – Regtank, a leading provider of a one-stop software-as-a-service compliance solution has been selected as one of IBM’s Friends of Hyper Protect startups.  The IBM Hyper Protect Accelerator is an investment-readiness program that supports impact-driven startups to improve the quality and accessibility of digital, financial, healthcare  and insurance services by […]

Read full post
Regtank AML Compliance Training

AML Compliance Training and Why Do Companies Need to Focus on it?

Compliance training comes in many forms, but in essence, it is employee training mandated by law or policy to educate employees on regulations that are relevant to their specific industry. A proper compliance training program helps to align and ensure governance across a company, which can minimise risk, increase productivity and help a company remain […]

Read full post
Regtank Cryptocurrency Award

Regtank Technology Pte Ltd Named Best Cryptocurrency Regulatory Technology Company in Asia

FinTech Awards 2021 has awarded Regtank, a one-stop Regtech solution provider, the Cryptocurrency Regulatory Technology Company Award in Asia. Hosted by Wealth & Finance International, an investment market intelligence platform, the 2021 FinTech Awards aim to identify and spotlight individuals, companies, and enterprises across the hugely diverse global FinTech industry.  Regtank was awarded the Best […]

Read full post
Regtank Blockchain Technology Money Laundering

Blockchain Technology is Money Laundering’s Kryptonite

What is Blockchain? In the early 1990s, Blockchain arose from a scandal in record tampering that toppled a Nobel laureate’s career. Blockchain works as a visual chain, where each digital block contains a hash or a code that identifies information as well as the hash of a previous block.  The hash is made up of […]

Read full post
Regtank Digital Onboarding

What is Digital Onboarding? Why is it Important for Regulatory Compliance?

In 2018, MAS released guidelines requiring Financial Intermediaries to implement robust controls when onboarding new customers, fundamental to apply the risk-based approach recommended by the FATF. According to FATF requirements, financial intermediaries identify and verify customers’ identities using independent source documents, data, or information. In the digital ID context, digital onboarding would include measures such […]

Read full post
Regtank KYT Compliance

What is KYT and Why Does It Matter In Compliance?

What Is KYT? Know Your Transaction (KYT) is defined as a software offering crucial analysis for organisations to discover and identify the skeptical fraudulent transactions made by customers against their respective backgrounds and profiles.  In layman terms, an effective KYT system allows financial institutions (FIs) to check for suspicious transactions by linking customer profiles with […]

Read full post
Regtank Risk Based Approach KYC

What is Risk-Based Approach and Why Is It Important

The Financial Action Task Force (FATF) is an important global money laundering and terrorist financing watchdog. As one of the most influential intergovernmental organization, the FATF sets international standards in the implementation of legal, regulatory and operational measures for combating any threats to the integrity of the international financial system. The FATF ensures a global […]

Read full post
Regtank-A-Guide-To-The-FATF-Travel-Rule

A Guide to the FATF Travel Rule

TheFinancial Action Task Force (FATF) is an independent inter-governmental body that helps to develop and promote Anti-Money Laundering (AML) and Know Your Customer (KYC). In light of the rise of the cryptocurrency industry, the FATF published guidance on how its 37 members should regulate cryptocurrency exchanges whereby the FATF’s 2019 amendment to Recommendation 16 had […]

Read full post