All posts tagged "Due diligence"
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36Capital RegulationShanghai Bourse Tightens Scrutiny Over Bond Issuance
The SSE has launched onsite inspections to bolster the quality of information disclosure and due diligence by underwriters.
April 10, 2021 -
336AML / KYCHong Kong to Allow Companies to Conceal Director Identities
The proposal will hamper the ability of investors, banks, property agents, researchers and journalists to carry out due diligence on transactions and counterparties.
April 3, 2021 -
332AML / KYCSingapore Police Issue First Charges in Nickel Trading Fraud Case
At least SGD 1 billion was invested for the purported sale and purchase of nickel, making the case one of the largest financial fraud cases in Singapore.
March 23, 2021 -
96ChinaCBIRC Finds Violations in XW Bank’s Consumer Loans Business
Xiaomi-backed digital bank, XW Bank, breached financial regulations for charging over 30 percent interest on consumer loans.
March 23, 2021 -
133AML / KYCFCA Files Criminal Proceedings Against NatWest for AML Failures
NatWest is facing criminal charges for not adequately monitoring and scrutinising large payments into a corporate client's accounts.
March 19, 2021 -
139ChinaEx-HKEX CEO Charles Li to Launch SME Funding Platform
The former stock exchange CEO Li is looking to address due diligence challenges, high risks and low funding amounts in traditional SME finance methods.
March 17, 2021 -
243AML / KYCSWIFT Embeds ESG Due Diligence in KYC Registry
The integration of the ICC’s Guidelines into SWIFT’s KYC Registry allows corporates to only complete and update a single form to provide ESG information to different banking partners.
March 12, 2021 -
86ChinaCSRC Issues Warning Letters to Audit, Asset Appraisal Firms
Warning letters have been issued to 8 audit firms, 28 certified public accountants, 6 assessment agencies, 27 asset appraisers and 6 practitioners.
March 1, 2021 -
88KoreaKorea FSS to Issue New Risk Management Guidelines for Insurers
South Korean insurers recorded a combined loss of KRW 194.4 billion from overseas alternative investments due to the pandemic.
February 26, 2021 -
208AML / KYCOFAC Settles Sanctions Case Against Crypto Payments Processor BitPay
BitPay is said to have enabled individuals in sanctioned jurisdictions to engage in $129,000 worth of digital currency-related transactions with its merchant customers.
February 21, 2021
