All posts tagged "Compliance"
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60Australia & NZASIC Publishes Reference Checking Protocol & Guidance
The protocol and guidance will help financial advisers and mortgage brokers comply with new reference checking and information sharing obligations.
July 23, 2021 -
202Contributed ArticleHong Kong Stock Exchange Issues Revised Enforcement Policy
Herbert Smith Freehills partners explain the implications of the Hong Kong Stock Exchange's updated policy statement on Listing Rule enforcement.
July 16, 2021 -
148FeatureMAS Launches ‘Veritas Challenge’ to Strengthen Trust in AI
MAS invites fintechs, solution providers and FIs to submit innovative solutions to help validate the fairness of AI solutions for selected banking use cases.
July 13, 2021 -
55Australia & NZNZ FMA Cancels Fund Manager Licence for ‘Material’ Breaches
Fund Managers Otago incorrectly calculated and disclosed returns in fund updates and entered into prohibited related party transactions, among other breaches.
July 11, 2021 -
190AML / KYCBinance Deploys New AML Solution Amid Regulatory Pressure
Binance has deployed a new AML compliance solution in the face of a ban in the UK and warnings from Japanese and Thai regulators.
July 2, 2021 -
80AML / KYCCBA Contractors May Have Cut Corners on Compliance Tasks
Contract workers reportedly had to cut corners on compliance tasks to meet their KPIs, including by copy and pasting text from templates to fill reports sent to AUSTRAC.
June 29, 2021 -
59ChinaCBIRC Issues New Qualification Rules for Insurance Executives
Insurers need to seek approval from the CBIRC on the qualifications of directors, supervisors and senior managers starting 1 July.
June 28, 2021 -
317FeatureNew Competency Framework to Take Effect from January: SFC
Raising professional standards is crucial to maintain quality markets, particularly in view of the rapidly evolving financial landscape, says SFC chief Ashley Alder.
June 21, 2021 -
203China
CBIRC Finalises Corporate Governance Guidelines for Banks, Insurers
Directors are required to treat shareholders fairly and guarantee their rights, demonstrate high standards of professional ethics, and protect the rights and interests of stakeholders.
June 12, 2021 -
163ChinaCSRC Implements ‘Whitelist’ System for Securities Sector
The 29 firms that have entered the "white list" will receive lower levels of supervisory scrutiny and be allowed greater flexibility in their business processes.
June 2, 2021
