Fraud, Scams & Cybercrime

UOB Recognised for Rapid Response to Fraud Threat Using Technology

22/11/2022

UOB, was recognised for developing a solution within 100 days to strengthen digital banking security, during a period when Singapore was on heightened alert for scam and fraud threats.

Anti-Money Laundering

Japan FSA Recognised for Outstanding Work as AML Regulator

22/11/2022

Financial Services Agency Japan, was recognised as Regulator Project of the Year for its efforts to enhance Japan’s AML/CFT regime.

Anti-Money Laundering

Holland & Marie Recognised in Singapore for Compliance Consultancy Services

22/11/2022

Holland & Marie, was recognised for its efforts to assist firms in complying with regulatory and licensing requirements under Singapore’s PaymentServicesAct.

KYC & CDD

ParallelChain Lab Recognised for Blockchain-based KYC

22/11/2022

ParallelChain Lab, was recognises the development of eKYC-Chain, an innovative blockchain-based customer onboarding and KYC compliance solution.

Cloud & Infrastructure

Aboitiz Data Innovation Wins Recognition for Secure Data Exchange Platform 

22/11/2022

Congratulations to Aboitiz Data Innovation, the data science arm of the Aboitiz Group, which was recognised for data access and exchange platform Parlay.

Trading & Investment

CSRC Drafts Rules to Strengthen Exchange Bond Market

22/11/2022

The draft rules strengthen obligations for bond intermediaries to improve their due diligence practices and serve as gatekeepers.

KYC & CDD

Singapore Court Jails DBS Officer for Misusing Customer Data Access

22/11/2022

The former collections officer used DBS’ Customer Information System to find out information about friends, relatives, and others he was curious about.

Structural Regulation

Manulife Granted Approval to Fully Own China Mutual Fund Business

22/11/2022

Manulife is the first foreign firm to receive approval to convert an existing joint venture into a wholly-owned fund management company.

Capital Adequacy

FSB Publishes 2022 List of Global Systemically Important Banks

22/11/2022

Bank of America will have to meet a higher capital buffer requirement, while China Construction Bank and BNP Paribas will have to meet a lower buffer requirement.