All posts tagged "Intermediaries"
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456FeatureSFC Steps Up Scrutiny of Fund Industry Amid Recent Volatility
The SFC reminds managers, trustees, custodians and intermediaries of funds to look out for clients interests amid "unprecedented volatility across asset classes".
March 27, 2020 -
381ChinaChina Launches Registration-based System for Bond Issuance
Issuers of enterprise and corporate bonds will have to meet higher disclosure requirements under the new registration-based system, while the role of intermediaries is also strengthened.
March 3, 2020 -
552IndiaEntities Allowed to Operate in Gift City Without Forming New Company
According to SEBI, entities can offer financial services in Gift City in connection with the securities market without forming a separate company.
February 28, 2020 -
568ChinaChina to Improve Mechanisms for Handling Bond Defaults
Proposals include mechanisms for early detection and investigation of bond disputes, higher penalties for repayment failures, and lower costs for investors exercising litigation rights.
December 28, 2019 -
309AML / KYCSEBI Allows Intermediaries, Funds to Use Aadhaar for e-KYC
Intermediaries and mutual fund distributors are not allowed to store investors’ Aadhaar numbers “under any circumstances”.
November 8, 2019 -
947FeatureSFC Strengthens Protections for Client Assets Held by AIs
Intermediaries and AIs must sign an acknowledgement letter making clear that assets held in designated client asset accounts are protected from recourse.
July 9, 2019 -
803AML / KYC
SFC Enables Technology Approach for Overseas Client Onboarding
From 5 July, intermediaries can access embedded data in client identity documents for onboarding. Captured biometric data such as a facial image can be used for identity verification.
July 1, 2019 -
359AML / KYCFATF Consults on Securities Sector AML/CFT Guidance
Guidance aimed at assisting to countries, competent authorities, providers of securities products and services, and intermediaries in risk-based design and implementation of applicable AML/CFT measures.
July 11, 2018 -
402ChinaCrackdown on Illegal Financing to Continue – PBOC
China’s central bank issued a warning on all illegal fundraising, including through financing intermediaries, online finance platforms, real estate, agriculture, ICOs.
April 26, 2018 -
712EnforcementHK SFC Releases 1st MiC Regime Guidance Bulletin
Report warns on conflicts of interest in sales practices and asset management; notes asset management sector now has more than half of all intermediaries.
December 20, 2017
