All posts tagged "Law Firms"
-
519FeatureHKMA Endorses Proposal to Better Protect Mortgage Borrowers
The proposal will make use of electronic payments directly from bank to bank, rather than routing payments for large property transactions through law firms.
December 31, 2021 -
407ChinaCSRC Issues Draft Rules Promoting ‘Honest’ Investment Banking
The draft rules require investment banking intermediaries to strengthen risk control and strictly prohibit the use of below-market pricing to win business.
September 30, 2021 -
211SingaporeMAS Publishes Compliance Toolkit for Trust Companies
The toolkit provides guidance on applications to be submitted to MAS for approval, as well as notifications and reporting requirements.
September 29, 2021 -
353ChinaCSRC Strengthens Industry Controls to Prevent Insider Trading
Listed companies are required to establish a system for the registration and management of individuals who possess inside information.
February 13, 2021 -
1.4KAML / KYCChina Ramped Up AML/CTF Enforcement in 2018, PBOC Report Shows
Enforcement of AML/CTF rules increased in 2018, evidenced by a 41% increase in fines levied. Firms in non-financial sectors have also been brought under the PBOC’s AML/CTF supervision ambit.
November 14, 2019 -
837Fintech / RegtechSingapore Streamlines Payment Firms’ Access to Legal Services
The initiative will help connect the payments industry with specialist law firms through a streamlined process to help them comply with the new Payment Services Act.
September 9, 2019 -
3.6KAML / KYCBNM to Enforce AML Compliance at Law Firms in 2020
BNM assistant governor Encik Adnan Zaylani Mohamad Zahid warns that enforcement action will be taken against legal professionals for AML non-compliance starting in 2020.
August 30, 2019 -
964ChinaChinese Regulators Vow to Bring Quality Deals to Market
The Chinese securities watchdog updated three draft regulations last week. For investors, it means both opportunity and challenge.
August 30, 2019 -
863AML / KYCHong Kong Includes Non-Financial Entities in AML/CTF Amendments
Hong Kong AML/CTF rules will apply to financial transactions by non-financial entities; SFC requires licensees to screen client lists.
February 8, 2018
