All posts tagged "Customer Protection"
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547Fintech / RegtechHKMA Launches Regtech Challenge to Address Banking Pain Points
The HKMA invites Regtech providers to showcase solutions to help Hong Kong banks solve common risk management and regulatory compliance pain points.
March 26, 2021 -
301Capital RegulationUPDATED – Chinese Regulators Agree on Ant Group Restructuring Plan
Under the plan, Ant Group will fold all of its businesses into a financial holding company that will be subject to PBOC oversight and capital requirements.
February 4, 2021 -
1.4KAML / KYCLessons from Cryptoassets in the Fight Against Financial Crime
Elliptic’s David Carlisle and Onchain Custodian’s El Lee discuss opportunities for the banking and cryptoasset industries to learn from one another in the fight against financial crime.
December 1, 2020 -
1.2KAustralia & NZCFTC Exempts BSE, NSE IFSC, NZX from FCM Registration
BSE, NSE IFSC, and NZX will be allowed to accept US customer funds directly for trading in futures and options contracts without having to register as futures commission merchants.
November 6, 2020 -
941FeatureHKMA Asks FIs to Protect Customer Interests in LIBOR Switch
Banks are expected to develop robust education and outreach programmes to help customers make informed decisions when assessing the options available in the transition.
October 22, 2020 -
1.4KFintech / Regtech
HKMA Directs Banks to Enhance Digital Lending Disclosures
Digital lending platforms have 12 months to enhance disclosures and transparency to ensure borrowers are made to understand the implications of their borrowing decisions.
September 7, 2020 -
435Capital RegulationCFTC Adopts New Swaps Rules Limiting Extraterritorial Oversight
Chairman Heath Tarbert said it is unnecessary for the CFTC to be "the world’s policeman" for all swaps, given that most G20 jurisdictions have adopted similar swaps regulations.
July 27, 2020 -
535InternationalMost Rules to Prevent Complex Product Mis-selling Already in Place
Only China, Hong Kong, Japan and Singapore are fully consistent with all nine IOSCO principles on suitability requirements for the distribution of complex financial products.
September 27, 2019 -
758AML / KYCJapan FSA Raids Two Crypto Exchanges to Check Compliance
The FSA reportedly wants to ensure appropriate measures have been implemented for customer protection and legal compliance after recent management changes.
April 25, 2019 -
526Australia & NZAustralia Consults on Regulatory Framework for Stored Value Facilities
Regulators considering a tiered approach, whereby facilities providers with larger amounts of stored value would be subjected to higher regulatory requirements.
September 26, 2018
