by Argus | Compliance, Financial Institutions, Monthly Newsletter, Regulatory Compliance
Articles and Events Summary Variable Capital Company: A Snapshot The introduction of the new VCC structure provides as additional structuring option for Singapore-based fund managers to domicile their investment funds locally and enhance Singapore’s position as an...
by Argus | Financial Institutions, News
The Monetary Authority of Singapore (MAS)’s Cyber Security Advisory Panel (CSAP) convened on 30th September to discuss the latest cyber-security challenges and strategies related to the financial industry in Singapore. The CSAP comprises of leading cyber security...
by Argus | Anti Money Laundering, News
A criminal case has been filed by the Enforcement Directorate (ED) to probe money-laundering charges in an alleged corruption case against Rolls Royce. The London-based automobile company is said to have made a payment of over INR 77 Crore (over USD 10 million)...
by Argus | Anti Money Laundering, Financial Institutions, News
Standard Chartered Bank has been dogged by regulatory scrutiny in recent years. It has been fined billions of dollars since 2012 for compliance violations and has had trouble in showing the source of some of its clients’ wealth. According to sources, in some...
by Argus | News, Regulatory Compliance
The Securities and Futures Commission (SFC), the financial regulator of Hong Kong, has reprimanded and fined The Hongkong and Shanghai Banking Corporation Limited (HSBC) $2.1 million for non-compliance with the telephone recording requirements under the Code of...
