News results for Compliance, Legal and Regulation

Jurisdiction Focus
30 June 2021

GFSC to change fiduciary rules

Guernsey's Fiduciary Rules have been in operation since 31 December last year. The Guernsey...

Cross Border
30 June 2021

UK and Singapore sign MoU

The United Kingdom and Singapore have signed a new Memorandum of Understanding (MoU) to build a...

People Moves
30 June 2021

GFSC appoints new commissioner

Julian Winser has been sworn in as a Guernsey Financial Services Commissioner after being approved...

Regulation of Products
30 June 2021

SFC publishes new guidelines for ESG fund disclosures

The Securities and Futures Commission of Hong Kong has issued a circular to management companies on...

Fines and Punishment
30 June 2021

FINRA orders Merrill Lynch to pay US$8.4 million over UITs

The US Financial Regulatory Authority has ordered Merrill Lynch, Pierce, Fenner & Smith to pay more...

Advice
30 June 2021

MAS plans to improve transaction-related safeguards for retail clients

The Monetary Authority of Singapore is proposing to strengthen the duty of financial advisory firms...

Compliance
30 June 2021

Compliance Corner: MAS

The latest compliance news: regulatory developments, punishments, guidance, permissions and new...

Anti-Money Laundering
29 June 2021

FFIEC updates BSA/AML manual

The US Federal Financial Institutions Examination Council has updated four sections and respective...

Client Data
29 June 2021

EU pronounces British data protection regime 'adequate'

The European Union has judged the United Kingdom to be 'adequate' for the purposes of both the...

Compliance
29 June 2021

Compliance Corner: MAS

The latest compliance news: regulatory developments, punishments, guidance, permissions and new...

Comment & Analysis results for Compliance, Legal and Regulation

Compliance
28 June 2021

Compliance Corner: Hong Kong, Australia, Singapore, Others

The latest compliance news: regulatory developments, punishments, guidance, permissions and new...

Anti-Money Laundering
23 June 2021

AFrOs and AFOs - a warning for compliance officers

An understanding of the problems that the police face when relying on information obtained from...

Legal
22 June 2021

US Supreme Court Denies Goldman Sachs’ Plea To Raise Limits On Shareholder Fraud Lawsuits

At issue was an investor lawsuit filed in 2011 alleging that the US firm artificially inflated its...

Legal
22 June 2021

Divorce And CGT - Tax At A Taxing Time

Divorce can be painful for all kinds of reasons. An added source of difficulty in reaching...

Anti-Money Laundering
21 June 2021

Will Malta follow Panama down the rabbit hole?

Unless something extraordinary occurs, on Wednesday the Financial Action Task Force will vote to...

Legal
21 June 2021

How To Hire Wealth Managers, Mitigate Restrictive Covenant Impact

How should wealth management firms hire wealth managers (often known as “CRMs”, client...

Anti-Money Laundering
17 June 2021

The AML use of tech-based managed services

Developments and advances in innovative technology provide wealth-management firms with new ways of...

Compliance
17 June 2021

Basel’s Cryptoasset Stance Is No “Green Light,” But A Warning - Commentary

A wealth management figure and frequent commentator on financial affairs says that a global banking...

Compliance
16 June 2021

Hightower Cleared To Create National Chartered Trust Company

The organization said it received "conditional regulatory approval" for the new structure. ...

People Moves
14 June 2021

What makes an effective compliance officer?

This poster, circulated to entice Americans to enlist in NASA for its push to explore and...