Even VASPs with real-name accounts in place do not have dedicated employees in place for AML or adequate systems for suspicious transactions reporting.
August 18, 2021The government is consulting on regulations to support the establishment of the single disciplinary body that will form part of the new regime for financial advisers.
August 11, 2021Binance has deployed a new AML compliance solution in the face of a ban in the UK and warnings from Japanese and Thai regulators.
July 2, 2021The threat is aimed at lending and financing companies that have failed to register and disclose their online lending platforms.
June 30, 2021The rules detail the role of the registration authority, allowing it to intervene if carbon prices see abnormal fluctuations or excessive volatility.
May 25, 2021The key elements may help promote the provision of liquidity, strengthen investor confidence, and foster fair and efficient markets, IOSCO says.
August 12, 2020The transitional period for new rules for the asset management sector will be extended by one year to end-2021, the PBOC said.
August 3, 2020Qualified investors will be able to buy and sell tradable bonds in either of the two markets through a single nominee account, subject to meeting investor suitability requirements.
July 20, 2020Standardised notes will be considered money market instruments, backed by commercial paper which generates cash flows for distribution to investors.
July 2, 2020The SEC proposes new disclosure and reporting requirements for operators of online lending platforms, in response to inquiries from the public about their registration and legitimacy.
August 8, 2019