Intermediaries and mutual fund distributors are not allowed to store investors’ Aadhaar numbers “under any circumstances”.
November 8, 2019Intermediaries and AIs must sign an acknowledgement letter making clear that assets held in designated client asset accounts are protected from recourse.
July 9, 2019From 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, 2019Guidance 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, 2018China’s central bank issued a warning on all illegal fundraising, including through financing intermediaries, online finance platforms, real estate, agriculture, ICOs.
April 26, 2018Report 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, 2017HKMA, SFC say some intermediaries aren’t revealing related counterparties, not executing at best price, hide cheaper products.
November 27, 2017OTC Derivatives Summit 2016 panellists discuss the operational challenges of clearing services and infrastructure in Asia.
March 18, 2016