All posts tagged "Standard Chartered"
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394Fintech / RegtechMAS Considers the Value of Allowing Virtual Banks in Singapore
The regulator says it is engaging relevant stakeholders to ascertain the unique value that such virtual bank entrants could bring to Singapore's banking landscape.
May 8, 2019 -
468InternationalSWIFT Launches Payment Investigation, Resolution Capability
The new capability will improve transparency, shorten resolution time and reduce manual intervention to resolve issues that arise along the payments chain.
May 3, 2019 -
677Fintech / RegtechHKMA Grants Fourth Virtual Bank Licence to WeLab Digital
The HKMA has granted a fourth virtual bank licence to WeLab Digital, the first stand-alone company to receive the licence.
April 11, 2019 -
663AML / KYCStandard Chartered Fined Over $1bn by US, UK Authorities
Standard Chartered Bank will pay $947mn to US authorities for poor AML controls and sanctions breaches, and $134mn to the UK FCA for AML breaches.
April 11, 2019 -
934FeatureHKMA Approves Three Virtual Banks, Five More Being Considered
The three newly licenced virtual banks are joint ventures involving BOCHK, JD Digits, Jardines, Standard Chartered, HKT, PCCW, Ctrip, ZhongAn Online and Sinolink.
March 27, 2019 -
692AML / KYC
MAS Details Enforcement Outcomes, Priorities in Inaugural Report
The inaugural enforcement report reveals that MAS issued S$16.8mn in financial penalties and S$698,000 in civil penalties over 18 months.
March 21, 2019 -
751EnforcementSFC Fines UBS and Others HK$787mn for IPO Sponsor Failures
“The sanctions send a strong and clear message to the market that we will not hesitate to hold errant sponsors accountable for their misconduct,” said SFC chief Ashley Alder.
March 15, 2019 -
844EnforcementUBS, StanChart to Settle Hong Kong IPO Misconduct Case
The case goes back to the 2009 listing of a Chinese timber company, which was later suspended for accounting irregularities. Details of the settlement will be released at a later date.
March 12, 2019 -
890Asia-Pacific
SWIFT, SGX, SLIB Join Forces to Test Blockchain Based e-Voting
SWIFT, SGX, and software firm SLIB will collaborate with DBS, Deutsche Bank, HSBC and Standard Chartered to test the use of DLT in e-voting in Asia Pacific.
March 6, 2019 -
509EnforcementSFC Suspends China Merchants Securities Exec Over Sponsor Work
The SFC said Wu Yinong breached the Code of Conduct and the Sponsor Guidelines when he was a sponsor principal in charge of supervising the execution of a 2009 listing application.
February 28, 2019
