All posts tagged "BNP Paribas"
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1.1KEurope16 Banks Announce Initiative to Digitalise Payments Across EU
The unified payment solution for consumers and merchants across Europe will encompass a payment card, digital wallet, and online and P2P payments.
July 6, 2020 -
1.1KAML / KYCTwo Singaporeans Charged for Cheating Eight Banks
Two former employees of a crude oil products supplier allegedly created fictitious sales contracts and invoices to obtain $340mn in financing from eight banks.
June 16, 2020 -
393Market InfrastructureBNY, Deutsche to Set Up FX Trading Infrastructure in Singapore
Seven major firms have already set up FX pricing and matching engines in Singapore, the result of a MAS initiative to lower routing latencies in the city-state.
June 9, 2020 -
1.5KAML / KYCPBOC Fines BNP Paribas China Unit, Three Execs for AML Violations
The bank and three executives were fined for failing to perform customer identification obligations and report large and suspicious transactions.
June 1, 2020 -
543EnforcementTaiwan: FSC Fines Four Banks, Two Insurers $700,000
The Taiwan branch of Cardif Assurance Vie was fined for collaborating with banks to get clients to borrow money against old policies to buy new insurance products.
May 20, 2020 -
306Australia & NZAMP Units Pay ASIC Penalties for Trade Reporting Failures
The AMP entities failed to report information about over 1,000 derivatives transactions and to correctly report collateral information about over 19,000 transactions over several years.
March 18, 2020 -
688KoreaKorea FSS Pledges to Improve Environment for Foreign FIs
At a meeting with bank and asset manager heads, the FSS promised to lower regulatory and operational barriers for foreign firms looking to enter Korea’s financial markets.
December 3, 2019 -
1.4KAustralia & NZEFS Reporting for Derivatives to Start in Q3 2020: APRA
APRA has determined that only ANZ, BNP Paribas, Citibank, CBA, Deutsche Bank, HSBC, JP Morgan, Macquarie, MUFG, NAB, Sumitomo Mitsui and Westpac will be required to report under ARS 722.0.
November 23, 2019 -
1.1KAML / KYCSingapore: New Platform Targets AML Risks in Trade Finance
The new electronic platform enables banks to obtain and reference data derived from trade permits issued by Singapore Customs to augment their trade finance compliance checks.
September 9, 2019 -
530China
China Awards Deutsche, BNP ‘Class A’ Underwriting Licences
The licences mark the first approvals allowing foreign banks to act as lead underwriter for domestically issued bonds, for both local and foreign companies.
September 4, 2019
