All posts tagged "Record-keeping"
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732ChinaCSRC 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 -
1.0KInternationalFMSB 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 -
2.7KAML / 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 -
3.2KAML / 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 -
906FeatureSFC 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 -
613Fintech / 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 -
996FeatureSFC Issues New Rules on Instant Message Trade Orders
Regulator requires two years of full records, client authentication and validation, a written contingency plan and compliance reviews for instant messaging use.
May 7, 2018 -
1.1KAML / KYCHong Kong Publishes First AML/CTF Risk Assessment
Hong Kong exposed to medium-high level of money laundering risk; ability to combat money laundering also assessed as medium-high.
May 3, 2018 -
556AML / KYCSelf-Regulatory Framework Proposed for Korea’s Crypto Exchanges
Framework proposed by Korean Blockchain Association proposes includes $1.8mn minimum equity capital, five year storage of transaction records , ethical charter to prevent insider trading.
April 19, 2018
