New guideline seeks to help trust or company service providers devise and implement policies, procedures and controls for AML/CTF.
May 9, 2023A new disruption on 5 May prevented users from accessing digital banking, mobile wallet, brokerage, and ATM services.
May 5, 2023The FSC is investigating five banks that dealt with the P2P lending platform, which was operated as a Ponzi scheme and stole an estimated $81.6mn from investors.
May 5, 2023Existing bank guarantees created from client funds must be wound down by 30 September, to prevent misuse of investors' money.
May 2, 2023Securities and futures exchanges must ensure fairness and reasonableness in terms of latency, resource allocation and guarantees, and service agreements, among other areas.
April 27, 2023The Guidance is to help FIs develop and implement compliance programmes to prevent, detect, and report acts of bribery and corruption.
April 18, 2023Robinhood disseminated inaccurate information to customers and did not have a reasonably designed customer identification programme, among other failures.
April 11, 2023Senator Andrew Bragg said Australia’s crypto regulation has stalled and the government’s “token mapping” consultation programme is too slow.
March 30, 2023The BCBS will also consult on revisions to its Core principles for effective banking supervision and on a Pillar 3 disclosure framework for climate-related financial risks.
March 24, 2023The PBOC will defuse "bombs" by reducing the number of high-risk institutions especially small and mid-sized financial institutions.
March 17, 2023