All posts tagged "Record-keeping"
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1.1KAML / KYCHKMA Offers Guidance in Response to FATF Report
Banks and SVF operators are asked to explore how technology can be used to more effectively and efficiently combat risks, including through the use of analytics in monitoring.
September 6, 2019 -
919AML / KYCSingapore Crypto Sector Consults on AML/CFT Code of Practice
The code was facilitated by MAS and developed in consultation with ABS by ACCESS, the Association of Cryptocurrency Enterprises and Start-ups, Singapore.
August 16, 2019 -
900AML / KYCMAS Targets Market Abuse with Proposed New Requirements
Capital market licensees will have to record all client communications and capture their mobile device IDs. Foreign intermediaries will have to provide UBO information on request.
August 6, 2019 -
708ChinaCSRC Issues Comprehensive Rules for Brokerage Firms
The role of brokerage firms in the securities market has not been fully utilised, and the professional services provided to investors are 'seriously inadequate', the CSRC says.
July 31, 2019 -
1.3KAsia-PacificPhilippine SEC Consults on Draft Rules for Digital Asset Exchanges
The rules specify capital requirements of PHP 100mn, plus 12 months of operating expenses, and allow digital asset exchanges in the Philippines to be set up by foreign-registered entities.
July 19, 2019 -
983InternationalFMSB Issues Draft Good Practice Statements on Conflicts of Interest
The FICC Markets Standards Board provides new guidance to help market participants identify, prevent, manage and mitigate conflicts of interest.
June 21, 2019 -
2.6KAML / KYCMAS Consults on AML/CFT Notices for Payment Services
The first Notice covers account issuance, money transfers and money changing services. The second Notice sets out a separate framework for digital payment tokens.
June 7, 2019 -
3.1KAML / KYCAML Beyond Banking: The Increasing Scope of Global AML Regulation
Increased transparency in the banking sector has made other avenues for money laundering gain greater prominence, writes Claus Christensen at Know Your Customer Ltd.
February 20, 2019 -
881FeatureSFC Concludes Consultation on Enhancements to OTC Derivatives Regime
OTC derivatives participants will be subject to new risk mitigation requirements, as well as conduct requirements for dealings with group affiliates and related parties.
December 13, 2018 -
596Fintech / RegtechIndia Reverses Stance on Cryptocurrency?
India official says the government will release new cryptocurrency regulatory framework next month; Supreme Court brings forward hearings on petitions challenging earlier RBI ban.
June 27, 2018
