Tag: KYC
MAS will not tighten wealth industry’s AML requirements further
“You can’t say it’s too hard”: Small EAMs face giant compliance challenge
“You have to queue”: New Singapore family offices face longer wait times
To avoid ‘data swamps’, PBs must keep client data fresh and reduce silos
CMB Singapore adopts Appway CLM solutions to ease compliance burden
Accuity launches one-stop tool for enhanced due diligence on counterparty risks
Sanctioned securities a growing concern in data management at PBs: SIX
Industry trade group calls for banks to collaborate on KYC framework
WMs must emulate Amazon, Google and Apple in client onboarding: Appway
Work in progress: The digitalisation journey so far for Asia’s private banks
Only 2 in 5 APAC banks offer fully digital onboarding: FICO
75% of Asia PBs increase tech spending YoY, prioritise “still painful” KYC
Onboarding pain points soothed through collaboration: Appway
HKMA looks to develop KYC utility with local bank association
New Wealth and Microblink tie-up seeks to usher in eKYC
Stakeholders’ “widely divergent” needs were a challenge for halted KYC project: ABS
Virtual onboarding an attractive alternative to KYC utility for PBs
MAS “has not succeeded” in building KYC utility: Ravi Menon
Unveiling UBO a pain point in KYC checks: Accuity
PBs will likely be late on the KYC utility train
Private banking compliance comes with its own risks: Deloitte
Globally shared KYC utility “somewhat elusive” for now: Thomson Reuters
Banks need to wait before they see benefits of AI and machine learning
Standard Chartered working with three tech vendors on KYC streamlining
Noah posts strong Q1 results amid HK$5m fine by SFC
PB COOs say innovation progress “on par” with rivals but lags tech giants
AMAC chairman speaks out on private fund sales suspension
SFC excludes assets in partially owned corporations for PI qualification
Chinese FIs await execution details for new KYC requirements
MAS encourages digital client onboarding
November Regulatory Round-up: SFAT fines HSBC; Singapore FinTech festival; Paradise Papers leak
New report finds “urgent” need to tighten screening on Asia PEPs
Private banking COOs expect to spend more on AML
Top Eight for Week 10 – 17 November 2017
Private banking COOs change tune on shared KYC facilities
Tech vendors say ‘Paradise Papers’ leak spotlights private banks’ struggle with KYC processes, once again
October Regulatory Round-up: AML breaches; StanChart under microscope; KYC databases
Banking on blockchain: Who are the key players?
With multiple regulators, Hong Kong faces challenges in developing shared KYC utility
MAS’ Ravi Menon: KYC a “powerful application” of blockchain
OCBC, HSBC, MUFG and Singaporean regulator develop KYC blockchain platform
Shared KYC utility coming soon to Hong Kong, says UBS’ Amy Lo
Trades executable per day have “plummeted by two thirds” in Asia
July Regulatory Round-up: SFC’s MIC inspections loom; HK to abandon bilateral AEOI approach?
Shared KYC database “a step in the right direction”, but legislative changes necessary
MAS intensifies AML scrutiny, but says it is not “on a witch hunt”
