All posts tagged "financial inclusion"

• AML / KYC

  BSP Issues New Pawnshop Rules

  New regulations aim to enhance financial inclusion, consumer protection.

  December 16, 2016
• Market Infrastructure

  Philippines Eases Bank Branch Opening Rules

  Lenders will now be able to set up branches in previously restricted areas.

  December 12, 2016
• Market Infrastructure

  Vietnam Targets 70% Banking Coverage

  Banking sector charged with expanding network, improving quality and easing access.

  November 7, 2016
• AML / KYC

  HK FIs Exclude Up to 25% of Potential Customers Due to Compliance

  Lexis Nexis survey suggests KYC data sharing could help institutions’ meet financial inclusion goals.

  November 2, 2016
• AML / KYC

  Philippines Proposes New Money Service Rules

  Draft rules require ‘money service businesses’ to register with BSP; raises concern about hindering remittance flows

  September 26, 2016
• AML / KYC

  Indonesia Simplifies Account Opening Process

  New rule relaxes KYC requirements for banking service provision through agents.

  September 12, 2016
• AML / KYC

  Banks’ Exit from Emerging Markets Hurting AML, CTF Efforts – FSB

  Report to G20 says funds are being driven underground; cites failures to initiate derivative market reform in China and Korea.

  August 31, 2016
• India

  RBI to Draft Guidelines for ‘Niche’ Banking

  India’s central bank aims to move away from universal bank model; boost financial inclusion.

  August 30, 2016
• Jurisdictions

  MAS to Simplify E-Payment Regulation

  Regulator set to unify licensing regime in bid to boost electronic payments industry.

  August 22, 2016
• India

  RBI to Support Co-op Banks

  Financial and technical assistance to support implementation of core banking solutions.

  April 14, 2016