Posts By Editors, Regulation Asia
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956AML / KYCUS Judge Subpoenas Chinese Banks in Sanctions Probe – Report
Editors, Regulation Asia May 7, 2019A US federal judge has ordered three Chinese banks to provide documents in relation to a Hong Kong company which allegedly helped North Korea evade international sanctions.
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877AML / KYCVideo: What Global Sanctions Compliance Means for Asia
Editors, Regulation Asia May 7, 2019Regulation Asia sat down with SIX's Neil Thomas and Robert Jeanbart to discuss what sanctions monitoring means for financial institutions in Asia.
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807Securities & TradingSGX Central Depository Moves to Digital Account Opening
Editors, Regulation Asia May 7, 2019CDP account opening can now be done online without paper documents, allowing for greater convenience, security and "a better experience" for retail investors.
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666EnforcementRBI Fines Multiple Payment Service Providers
Editors, Regulation Asia May 6, 2019The RBI has fined prepaid payment instrument issuers, two US money transfer firms and Yes Bank for non-compliance with regulatory guidelines.
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697Hong KongSecurities Association Says MPFA Needs to Enable China Market Access
Editors, Regulation Asia May 6, 2019MPF managers are allowed to invest in 40 approved overseas exchanges, but this does not include exchanges in China.
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1.0KAML / KYCJapan to Halt Overseas Transfers that Bypass Bank Accounts
Editors, Regulation Asia May 6, 2019In preparation for this year's FATF review, Japanese banks will reportedly terminate counter services for overseas remittances that bypass bank accounts.
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969Big PictureFIs Need to Automate to Meet Tax Reporting Obligations – Report
Editors, Regulation Asia May 6, 2019As tax reporting requirements grow increasingly complex, automation is making compliance cheaper, quicker and more efficient, says a new report from Regulation Asia and BearingPoint.
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769Fintech / RegtechS. Korea FSC Accepts Nine More Fintech Sandbox Participants
Editors, Regulation Asia May 3, 2019Nine new fintech firms have been approved to enter the FSC's regulatory sandbox, bringing the total number of participating firms to 18.
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603Capital Regulation10 Major Chinese Banks Planning Perpetual Bond Issuances
Editors, Regulation Asia May 3, 2019Following BOC's perpetual bond issuance in January, 10 more Chinese banks have announced plans to issue similar bonds, including ABC, ICBC and CCB.
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613ChinaCSRC to Roll Back Private Placement Restrictions – Report
Editors, Regulation Asia May 3, 2019The CSRC is reexamining February 2017 restrictions on private placements, to address difficulties for listed companies in financing debt roll-over, working capital and expansion.
