The South Korean Financial Services Commission (chairman Choi Jongky pictured) has already welcomed the fourth batch of financial service providers into its very new 'regulatory sandbox' while planning to promote Big Data with various initiatives and making 'Chinese walls' (which block the exchange of information between business units) easier to manage.
China's trust sector is shrinking as a result of the regulatory burdens that the Government is placing upon it, according to the China Trustee Association.
The Guernsey Financial Services Commission has revised its guidelines regarding Private Trust Companies and its expectations of licensed fiduciaries which administer PTCs.
The Monetary Authority of Singapore has issued 3-year prohibition orders against Mr Paris Michele for dishonest conduct. As a representative of UBS AG at its Singapore branch, he allegedly forged documents and falsified company emails.
What happens when a fraudster contacts a private bank with the intention of duping it into laundering his ill-gotten money, while bribing a relationship manager to produce false KYC evidence in the process? In a...
The latest version of the Jersey Financial Services Commission's rulebook for the prevention and detection of money laundering and the financing of terrorism has been updated to take account of the Money Launder...
The UK's Financial Conduct Authority recently staged a webinar on the subject of how firms should prepare for the Senior Managers & Certification Regime which comes into effect on 9 December....
Having drawn data evenly from all over the UK's financial services, Randstad has published the results of its compliance salary survey. It has discovered that compliance IT, supposedly the great labour-saver for...
The Financial Conduct Authority and the Prudential Regulation Authority of the UK recently fined R Raphael & Sons plc (whose motto is 'private Bankers since 1787') for failing to manage its outsourcing arrangeme...
The Guernsey Financial Services Commission has revised its guidelines regarding Private Trust Companies and its expectations of licensed fiduciaries which administer PTCs....
China's trust sector is shrinking as a result of the regulatory burdens that the Government is placing upon it, according to the China Trustee Association....
The South Korean Financial Services Commission (chairman Choi Jongky pictured) has already welcomed the fourth batch of financial service providers into its very new 'regulatory sandbox' while planning to promot...
The Monetary Authority of Singapore has issued 3-year prohibition orders against Mr Paris Michele for dishonest conduct. As a representative of UBS AG at its Singapore branch, he allegedly forged documents and f...
The South Korean financial regulator has decided to extend its 'best practice' guidelines for the supervision of financial conglomerates for another year, with some revisions. ...