All posts tagged "Due diligence"
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238AML / KYCDoing What is Right: Financial Inclusion Needs Better Incentives
Tools to enable financial inclusion exist, but without positive incentives to put these into practice barriers will remain, says RUSI's Isabella Chase.
April 3, 2020 -
1.3KAML / KYCHolding the Line on Ultimate Beneficial Ownership
Financial institutions need to ensure that UBO information on customers is complete and accurate, but this is only half the battle, says Refinitiv’s Phillip Malcolm.
March 25, 2020 -
228Australia & NZAustralia Adjusts Regulatory Settings on Responsible Lending
Six-month exemptions from responsible lending obligations are available to lenders that provide credit to existing small business customers.
March 23, 2020 -
735AML / KYCS. Korea Approves Revisions to Legal Framework for Crypto
The revision bill was introduced last November, and passed on 5 March. The government has now approved the revision act at a cabinet meeting on 17 March.
March 18, 2020 -
1.4KAML / KYCEuropean Banking Federation Publishes AML Blueprint
The EBF identifies four priorities that need to be addressed, from which it has formulated 20 concrete policy recommendations detailed in the blueprint.
March 11, 2020 -
1.5KAML / KYCMeeting New Compliance Challenges Through Digital Identity
Digital identity systems could form a significant component of the compliance infrastructures at the new digital banks in the years to come, says Refinitiv’s Phillip Malcolm.
February 27, 2020 -
1.2KFeatured ArticlesVideo: SGX RegCo’s Community-based Approach to Market Regulation
Regulation Asia sat down with SGX RegCo Chief Boon Gin Tan to discuss how the exchange is adapting its regulatory approach to preserve trust and integrity in the capital markets.
February 27, 2020 -
981AML / KYCFATF Highlights Digital Identity, Virtual Assets as Key Priority Areas
At its Plenary, the FATF highlighted the use of digital identity systems, the new standards for virtual assets, and efforts to tackle illegal wildlife trade as some of its key initiatives.
February 24, 2020 -
734AML / KYCLiar’s Poker – The 1MDB Version
1MDB sorely tested principles-based regulation and compliance at Goldman Sachs. But, the bank was likely set up as a victim from the very beginning, says Peter Guy.
February 11, 2020 -
366EnforcementSFC Bulletin Shows Sponsor Conduct Still Top-of-mind
The Regulatory Bulletin offers case studies illustrating the SFC’s key areas of concern and recent regulatory interventions in IPO applications and corporate transactions.
February 7, 2020
