CBIRC has released guidance to help financial institutions improve AML/CFT controls, on the heels of recent news that PBOC is scrapping its approval process for corporate accounts.
February 22, 2019Financial services firms lack engagement from boards and risk and compliance functions, according to a new survey from Thomson Reuters Regulatory Intelligence.
February 7, 2019New rules establish information sharing mechanism among lenders for collective gathering and cross-validating business and financial information of borrowers.
June 11, 2018Regulator requires two years of full records, client authentication and validation, a written contingency plan and compliance reviews for instant messaging use.
May 7, 2018