All posts tagged "Controls"
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459SingaporeTrust in Singapore Banking Industry is Increasing: ABS
ABS highlighted banks' efforts to improve complaints handling, tackle digital scams, and enhance accountability, conduct and culture.
April 26, 2022 -
515ChinaShanghai Bourse Probes First STAR Market Securities Fraud Case
An optical storage equipment supplier is being investigated for failing to disclose that it granted loans to shareholders and other entities in exchange for pledged assets.
April 13, 2022 -
1.5KContributed ArticleSFC’s New Rules on Bookbuilding & Placing Activities: What to Know
Alan Linning and Susanne Harris explain the new requirements and offer guidance on next steps for intermediaries to prepare for compliance by August.
March 2, 2022 -
618FeatureSFC, HKMA Launch Joint Review of Investment Product Selling Practices
The review’s objectives are to assess intermediaries’ compliance with requirements to perform product due diligence, conduct suitability assessments and provide information to clients.
March 2, 2022 -
807EnforcementUK Regulator Fines StanChart Over Liquidity Reporting Errors
The PRA said StanChart's internal controls and governance arrangements underpinning its regulatory reporting were not implemented or operating effectively.
December 24, 2021 -
380FeatureHKMA, SFC Direct Intermediaries to Improve Client Trade Practices
Intermediaries have been required to undertake remedial action to address non-compliance with transaction-related disclosure requirements.
October 30, 2021 -
644Fintech / RegtechIOSCO Publishes Final Guidance on Supervising AI/Machine Learning
IOSCO members are encouraged to consider six measures carefully in the context of their legal and regulatory frameworks.
September 8, 2021 -
466AML / KYC
HKMA Issues Guide for Regtech Adoption in Customer Monitoring
The Guide will help banks assess whether they have the appropriate governance, controls, skills, infrastructure and underlying data to adopt Regtech solutions in ongoing monitoring of customers.
July 27, 2021 -
124Australia & NZASIC Removes SocGen Securities Licence Conditions
Independent expert did not identify any deficiencies in the adequacy and effectiveness of SocGen's client money controls.
June 27, 2021 -
332EnforcementTaiwan FSC Probes Next Bank Over Possible Regulatory Breaches
Next Bank is one of the three internet-only banks that was issued a licence by the FSC in 2019. The bank has yet to launch operations.
April 23, 2021
