Governance, Risk & Compliance Cryptos on the rise – a complex regulatory future emerges July 6, 2022 Thomson Reuters Regulatory Intelligence has published a special report “Cryptos on the rise: a complex regulatory future emerges”. In many countries, cryptos appear to be at a legal and regulatory… Read more
Governance, Risk & Compliance OPINION: Cryptocurrency and exchanges – law enforcement changes are needed now July 6, 2022 In the traditional banking world, organisations or individuals will find themselves subject to criminal sanction if they advertise, or provide advice to consumers about, investments or securities without a regulatory… Read more
Governance, Risk & Compliance [On-demand webinar] Preparing your organisation for increased financial crime compliance management June 13, 2022 As regulatory pressure on the financial sectors in Asia Pacific and the Middle East ramps up, regulators are flexing their enforcement muscle by adopting zero tolerance to breaches and misconduct.… Read more
Governance, Risk & Compliance OPINION: Cryptocurrency and exchanges – law enforcement changes are needed now June 9, 2022 In the traditional banking world, organisations or individuals will find themselves subject to criminal sanction if they advertise, or provide advice to consumers about, investments or securities without a regulatory… Read more
Governance, Risk & Compliance Hong Kong remains at ‘high risk’ for laundering, says senior official June 6, 2022 Hong Kong’s banking sector remains at “high risk” of being exploited for illicit fund flows, the territory’s most senior anti-money laundering (AML) official has warned. Carmen Chu, head of enforcement… Read more
Governance, Risk & Compliance IMPACT ANALYSIS: Big compliance challenges ahead in Asia — resources and regulatory overload June 6, 2022 Compliance professionals indicated in a Regulatory Intelligence poll recently that their organisations are finding it increasingly hard to attract and retain suitably qualified staff. This shortage of skilled, experienced compliance… Read more
Governance, Risk & Compliance IMPACT ANALYSIS: Singapore’s innovative approach to regulating crypto-assets June 6, 2022 The collapse of stablecoin TerraUSD has underlined the need for regulators in the Asia-Pacific region to devise a streamlined approach to crypto-asset regulation. The Monetary Authority of Singapore (MAS) is… Read more
Governance, Risk & Compliance IMPACT ANALYSIS: MAS enforcement report reveals improvements in enforcement effectiveness June 6, 2022 The Monetary Authority of Singapore (MAS) has released its enforcement report for the period July 2020 to December 2021. The report shows a marked improvement in MAS’ effectiveness in safeguarding… Read more
Governance, Risk & Compliance Singapore to assume FATF presidency April 5, 2022 A senior international advisor at Singapore’s Ministry of Home Affairs is to become the first Singaporean to lead the Financial Action Task Force (FATF) since the city-state joined in 1992.… Read more
Governance, Risk & Compliance 10 things compliance officers must do in the Asia-Pacific region in 2022 April 4, 2022 There has been a heightened regulatory focus in the Asia financial sector where regulators have shifted from a consultative supervisory approach to a more enforcement orientated one. There is zero… Read more