HKMA's Carmen Chu says an external consultant has been engaged to help prepare a new guidance paper on AML/CFT controls for PEPs.
May 31, 2023The expansion would include penalties for failing to report, submitting a report with false information, or failing to implement a due diligence system.
May 29, 2023Indonesia and Malaysia are alleging the EU's new deforestation law will harm their palm oil industries.
May 26, 2023OneMain Financial Group failed to properly manage access privileges and conduct due diligence on third-party vendors, NYDFS said.
May 26, 2023The SFC will start accepting licence applications from virtual asset trading platforms starting 1 June.
May 24, 2023The guide provides an overview of the digital asset trading ecosystem and highlights key risk management considerations for institutional investors.
May 16, 2023Capvision is accused of stealing state secrets, foreign auditors are under increased scrutiny, and Chinese data providers are blocking overseas access to their databases.
May 10, 2023The guidance calls on regulated financial institutions to bolster their TM systems, highlighting the importance of board of senior management involvement.
April 27, 2023This AGM season, investors have filed numerous shareholder resolutions to accelerate finance sector action to address climate risks and meet net zero commitments.
April 24, 2023The investigation is related to a 2018 share issuance for which Hong Kong-listed GF Securities served as an underwriter.
April 21, 2023