All posts tagged "Due diligence"
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120FeatureSEBI Proposes New Requirements for ESG Funds in India
ESG-labelled funds will have to invest at least 80% of total assets in ESG themed securities, and disclose measures taken to mitigate greenwashing risks and reliance on third party scores.
October 27, 2021 -
120AML / KYCPBOC Issues Guidance on Risk-based Account Opening
Banks are required to establish a classification and hierarchical management system for SME bank accounts by the end of the year to ensure proper risk control.
October 26, 2021 -
166FeatureMAS Consults on Revisions to BCM Guidelines
The guidelines emphasise the need for FIs to take an end-to-end view in ensuring the continuous delivery of critical business services and functions.
October 23, 2021 -
231AML / KYCAustralia Senate Report Proposes New Crypto Licensing Regime
The committee recommends a new category of market licence be created for crypto exchanges and a new company structure for DeFi platforms.
October 22, 2021 -
134Market InfrastructureUS Regulators Publishes Guidance on ‘Orderly’ LIBOR Transition
A draw on an existing agreement that is legally enforceable, such as a committed credit facility, would not be viewed as a new contract.
October 22, 2021 -
131EnforcementAppeals Tribunal Affirms SFC Punishment of Yi Shun Da Capital
The Appeals Tribunal upheld the SFC’s decision to punish Yi Shun Da Capital over sponsor failures but reduced the penalty amount.
October 22, 2021 -
154Enforcement
SFC Penalises IPO Sponsor Over Substandard Due Diligence Work
Ample Capital Limited failed to conduct adequate due diligence on suspicious cash settlements and to keep proper records of its due diligence work.
October 19, 2021 -
569AML / KYCESG Due Diligence: Setting a High Water Mark
Refinitiv's Wendy De Cruz talks to Regulation Asia about new supply chain laws reshaping industries and the challenges FIs face in enhancing due diligence practices.
October 6, 2021 -
721AML / KYCFATF Report Highlights Opportunities for Japan’s FIs
Matthew Field discusses how Japan's FIs can enhance the maturity of their AML programmes through a data-driven approach that places the customer entity in focus.
September 24, 2021 -
235FeatureRBI Finalises Guidelines for OTC Derivatives Market Makers
The guidelines impose requirements on governance, dealing conduct, risk management, internal control, internal audit and record-keeping.
September 23, 2021
