Tag: HKMA
October Regulatory Round-up: AML breaches; StanChart under microscope; KYC databases
PWMA’s apprenticeship scheme expanded by popular demand
Decision to scrap AML requirements driven by compliance burden: Accuity
HK watchdogs issue cybersecurity requirements for internet trading
HKMA’s fintech programme “gold standard”, says former US commissioner
Hong Kong revises capital, liquidity rules for implementation of Basel III standards
Compliance professionals steer clear of leadership roles in Hong Kong
SFC “fully implements” MIC framework
With multiple regulators, Hong Kong faces challenges in developing shared KYC utility
Hong Kong regulators scrap address verification requirements in AML guidelines
HKMA investigating eight banks for AML breaches
Switzerland and Hong Kong to collaborate on fintech and wealth management
Wealthy investors “enthusiastic” about digital currencies, as SFC ups scrutiny of ICOs
HKMA investigating reports that funds laundered through CBA ended up in Hong Kong
Private banks are increasingly exposed to cyber risks, says consultant
HKMA to consult on loss-absorbing capacity policy early next year
July Regulatory Round-up: SFC’s MIC inspections loom; HK to abandon bilateral AEOI approach?
Asia fintech investments wane due to lack of “mega-deals”
HKMA to align its rules with SFC’s manager-in-charge programme, lawyers say
Rivalry between SG and HK breeds uncertainty for PB-focused fintechs
Hong Kong’s revised bank resolution framework is credit negative, says ratings agency
June Regulatory Round-up: New suitability requirements in HK; AEOI networks expanded; spotlight on fintech
No local bank wants to be the first “to publicly tackle culture issues”, says HK-based lawyer
UBP remains positive on 2H17 following US rate hike
HKMA’s Norman Chan on fintech: “Balance between convenience and investor protection” needed
HKMA and PWMA roll out “treat customers fairly” framework to keep industry “competitive”
HK fintech agency plans to extend cyber security platform to insurance, securities firms
HKMA wants banking clients’ feedback on account opening issues
Police, regulators and banks launch AML task force in HK
Banks have “flexibility” in their customer identification methods, says HKMA
Comparing HK’s new wealth management programmes, which have had “extremely positive responses”
Singapore regulators likely to become “more active” in AML space, says law firm
Coutts HK incurs wrath of regulator
Banks should revisit frontline selling processes to ensure compliance with suitability requirements, advises law firm
More frontline and legal staff needed in HK wealth firms, says UBS’ Lo
One-on-one with the PWMA’s new managing director
HKMA to include risk management and compliance controls in ECF
HKMA and banks team up to nurture fintech talent
Experts predict impact of SFC’s suitability clause on PBs
MAS closely watching DBS HK data leak case [UPDATED]
HK, UK ink fintech cooperation agreement
Clause for concern: SFC’s new requirement spells end for RM “papering practices”
HKMA and SFC: sending mixed messages?
SFC reveals it is investigating multiple institutions for inadequate AML controls
HKMA’s Chan warns private bankers not to forget client needs, announces AML/CFT training regime
Surge in transaction-capable client apps will increase importance of suitability checks, say experts
