All posts tagged "Due diligence"
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491EnforcementSEBI Quadruples Penalties Against CRAs Over IL&FS Failures
In December, SEBI issued INR 2.5 million penalty orders against ICRA, India Ratings & Research and Care Ratings. This has been raised to INR 10 million.
September 27, 2020 -
408Asia-PacificBSP Approves Sale of Unit Investment Trust Funds via Third Parties
New rule amendments allow trust corporations to offer their investment products through third-party distributors, including individual and institutional agents.
September 27, 2020 -
189AML / KYCSFC Revises AML/CFT Guidelines for Securities Sector
The proposed amendments seek to align the SFC's guidelines with the FATF guidance for adopting a risk-based approach in the securities sector.
September 21, 2020 -
382Enforcement
SFC Bans Sponsor Principal for 20 Months Over 2017 IPO Application
Former Yi Shun Da Capital CEO breached the code of conduct and sponsor guidelines in his work on the listing application of Imperial Sierra Group in 2017.
September 17, 2020 -
584AML / KYCOFAC Settles Deutsche Bank Trust Sanctions Violations
The settlement covers a large payment linked to a designated oil company and 61 payments made to a sanctioned bank in 2015.
September 14, 2020 -
783Big PictureIndustry Standards Needed for Measuring Execution Quality: FMSB
Best practice principles will facilitate regulatory compliance and drive efficiencies in the measurement of execution quality, the FMSB says in a new spotlight review.
September 8, 2020 -
431EnforcementSFC Seeks Damages for Tianhe Investors Over Defective Prospectus
The SFC’s investigation revealed that about 53% of Tianhe’s total track record revenue disclosed in its 2014 IPO prospectus was overstated.
September 8, 2020 -
1.3KContributed ArticleLetter from SGX RegCo Chairman and CEO for FY2020
SGX RegCo's chairman and CEO share lessons from the Covid-19 on building immunity, taking a proportionate response and increasing resilience.
September 4, 2020 -
2.3KAML / KYCSWIFT Details How Cyber Criminals Encash Stolen Funds
In a new report, SWIFT and BAE Systems reveal how cyber attackers launder money and ‘cash out’ following large-scale heists.
September 4, 2020 -
1.8KBig PictureHong Kong AoF Publishes Report on AI Adoption in Banking
The report provides insights about the risk management frameworks and overarching supervisory principles banks use when adopting artificial intelligence.
August 24, 2020
