All financial institutions regulated by Bangladesh Bank are expected to introduce e-KYC in compliance with the new guideline by December 2020.
January 14, 2020The FSC will allow non-face-to-face account opening by foreigners residing in Korea, and by legal representatives of corporations.
December 24, 2019The revisions update the list of risk indicators banks should use to conduct risk assessments and specify conditions for using KYC utilities for obtaining customer information.
November 11, 2019The BOT had planned to allow the use of biometric identity verification for account opening by Q3 this year, but testing in the sandbox has not yet been completed.
October 9, 2019Phase I Open APIs provide information on banking products and services. Phase II will allow banks to process applications for such products and services by end-October.
August 1, 2019The role of brokerage firms in the securities market has not been fully utilised, and the professional services provided to investors are 'seriously inadequate', the CSRC says.
July 31, 2019The new gateway will reduce the setup costs required to access the NDID and enable financial firms to enable full digitisation of customer onboarding more quickly.
July 22, 2019The HKMA has published the findings of its mystery shopper programme, which set out to assess customer interface aspects of bank account opening for SMEs and ethnic minorities.
June 18, 2019The proposed plan will allow Hong Kong insurers to set up offices in Guangdong and Macau, part of a large integration plan for the Greater Bay Area.
June 13, 2019CDP account opening can now be done online without paper documents, allowing for greater convenience, security and "a better experience" for retail investors.
May 7, 2019