All posts tagged "enforcement"
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397Australia & NZNew Zealand FMA Warns Derivatives Issuers to Ensure Compliance
Self-assessments by derivatives issuers have identified risks stemming from the way they handle client money, provide advice to retail clients, and handle vulnerable customers.
July 29, 2020 -
477FeatureSGX, Nasdaq Agree to Streamline Dual Listing Process
Under the agreement, information previously filed with the US SEC or Nasdaq can be used to fulfil documentary requirements for a dual listing in Singapore.
July 22, 2020 -
460EnforcementESMA Opens Probe Into Germany’s Wirecard Response
ESMA's fast track assessment will focus on whether BaFin and accounting watchdog FREP properly applied European guidelines on enforcing the reporting of financial information.
July 19, 2020 -
623AML / KYCBCBS Updates AML Guidance to Advance Supervisory Cooperation
Prudential and AML/CFT supervisors should establish an effective cooperation mechanism regardless of the institutional setting, the updated guidelines say.
July 2, 2020 -
405Australia & NZRBNZ Secures Funding to Boost Supervisory, Enforcement Capability
The RBNZ will direct the additional funding towards its supervisory and enforcement capability, technology infrastructure and security architecture.
June 28, 2020 -
404InternationalIOSCO Offers Guidance to Promote Deference Between Regulators
IOSCO offers 11 good practices to help regulators establish and operate efficient deference processes, and mitigate the risk of market fragmentation.
June 28, 2020 -
447AML / KYCUK FCA Fines Commerzbank $47m for 5 Years of AML Failures
Commerzbank's London Branch failed to conduct periodic due diligence on clients, address transaction monitoring weaknesses, and to have adequate CDD policies and procedures in place.
June 19, 2020 -
354EnforcementHigh-level Panel Proposes Overhaul of SEBI Enforcement Mechanism
The panel says intermediary regulations need to be amended to speed up enforcement action, and that SEBI should be granted the authority to seize assets subject to investigation.
June 18, 2020 -
307EuropeHigh-Level Forum Charts Course to Achieve EU Capital Markets Union
In a new report, the EU's High-Level Forum on capital markets union offers specific recommendations on developing deeper, more dynamic and more harmonised markets across EU member states.
June 11, 2020 -
751AML / KYCCambodia Approves Draft Laws to Curb Money Laundering
The draft bills were reportedly motivated by Cambodia's placement on the FATF's 'grey-list' last year, which impacts foreign investment and the economy.
May 20, 2020
