KYC & CDD

ParallelChain Lab Recognised for Blockchain-based KYC

22/11/2022

ParallelChain Lab, was recognises the development of eKYC-Chain, an innovative blockchain-based customer onboarding and KYC compliance solution.

Cloud & Infrastructure

Aboitiz Data Innovation Wins Recognition for Secure Data Exchange Platform 

22/11/2022

Congratulations to Aboitiz Data Innovation, the data science arm of the Aboitiz Group, which was recognised for data access and exchange platform Parlay.

Trading & Investment

CSRC Drafts Rules to Strengthen Exchange Bond Market

22/11/2022

The draft rules strengthen obligations for bond intermediaries to improve their due diligence practices and serve as gatekeepers.

KYC & CDD

Singapore Court Jails DBS Officer for Misusing Customer Data Access

22/11/2022

The former collections officer used DBS’ Customer Information System to find out information about friends, relatives, and others he was curious about.

Structural Regulation

Manulife Granted Approval to Fully Own China Mutual Fund Business

22/11/2022

Manulife is the first foreign firm to receive approval to convert an existing joint venture into a wholly-owned fund management company.

Capital Adequacy

FSB Publishes 2022 List of Global Systemically Important Banks

22/11/2022

Bank of America will have to meet a higher capital buffer requirement, while China Construction Bank and BNP Paribas will have to meet a lower buffer requirement.

Market Abuse

Bursa Malaysia Punishes Two for Short-Selling Activities

22/11/2022

The two dealer’s representatives engaged in intra day short-selling activities in client accounts in 2020 when such activity was temporarily prohibited.

Capital Adequacy

CBIRC Issues Rules for Banks Participating in Private Pension Business

22/11/2022

Banks with a net tier-1 capital of more than CNY 100 billion and that meet prudential regulatory requirements  can start personal pension business.

Sustainable Finance

ISDA Analyses Regulatory Treatment of SLDs in Japan

21/11/2022

The paper considers how sustainability-linked derivatives would be classified and regulated in Japan.