All posts tagged "legal entities"
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139AML / KYCRBI Announces Extension of KYC Registry to Legal Entities
The RBI said regulated entities should upload KYC data pertaining to accounts of legal entities to the Central KYC Registry from 1 April 2021.
December 23, 2020 -
613AML / KYCGLEIF Defines New Framework to Simplify, Accelerate LEI Issuance
Many of the labor intensive and time-consuming procedures performed to obtain an LEI are the same as those performed by the FI during onboarding.
September 29, 2020 -
359AML / KYCFATF Re-rates US as ‘Largely Compliant’ on CDD Measures
The US is now compliant on 9 FATF Recommendations, largely compliant on 22, partially compliant on 5, and non-compliant on 4.
April 3, 2020 -
1.1KAML / KYC
LEI Use in Onboarding Could Save Banks Up to $4bn Annually
In addition to cost savings, LEI use in client onboarding would speed up time to revenue, improve compliance and credit risk mitigation, and enable better tracking of suspicious entities.
October 30, 2019 -
472AML / KYCISIN-to-LEI Mapping Initiative Set to Improve Transparency
New global initiative announced by ANNA and GLEIF will map ISINs to their corresponding LEIs, effectively linking the issuer and issuance of securities.
September 5, 2018
