All posts tagged "Reporting"
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6AML / KYCPhilippine AMLC Sets Deadline for Newly Covered Entities to Register
Real estate developers and brokers, as well as offshore gaming operators and their service providers, have to register with the AMLC’s electronic reporting system by 16 March.
February 27, 2021 -
95ChinaCBIRC Issues Rules on Evaluating Performance of Bank Directors
Banks and insurers have to evaluate the performance of their directors and supervisors each year and classify them as “competent”, “basically competent” or “incompetent”.
February 10, 2021 -
87EnforcementFSC Penalises Citibank Taiwan Over Reporting Errors
The bank has been reporting credit data to the JCIC incorrectly since December 2010, potentially impacting the credit scores of certain customers.
February 5, 2021 -
325Asia-PacificReporting in Asia: Cutting Through Complexity
Specialists from Bloomberg highlight the need for high-quality data and automation through technology to manage day-to-day reporting and ensure compliance.
February 1, 2021 -
153InternationalGRI Updates Disclosure Standards to Align with SDGs
New guidance for corporates from the Global Reporting Initiative will help asset owners track their contributions to the UN Sustainable Development Goals.
January 24, 2021 -
269EnforcementTaiwan Raises Whistleblower Rewards for Serious Crime Tenfold
Whistleblower rewards are increased tenfold for the reporting of serious illegal financial activities and fivefold for minor illegal financial activities.
January 8, 2021 -
554Contributed ArticleAI is Bringing a Generational Change to the RegTech Industry
Artificial intelligence can bring a generational change to the RegTech industry as it strengthens and enhances regulatory and supervisory capabilities, says HKEX’s Lukas Petrikas.
January 8, 2021 -
359ChinaChina Relaxes Restrictions on Cross-Border RMB Business
Domestic banks can open personal RMB accounts for Hong Kong and Macau residents, which can be used to receive up CNY 80,000 daily from same name accounts.
January 6, 2021 -
142AML / KYCFederal Reserve Orders Credit Suisse to Enhance AML Controls
Credit Suisse is required to improve its risk assessment, customer due diligence, suspicious activity monitoring and reporting processes.
December 31, 2020 -
188Fintech / RegtechUS Regulators Call for Responsible Stablecoin Design, Operation
Stablecoin participants and arrangements should register with FinCEN and comply with AML, sanctions, recordkeeping and reporting requirements.
December 31, 2020
