Regulators appear set to crank up AML/CTF and sanctions-related work and now have their eye on individuals too. But with the rise of China, regulators will have their work cut out for them.
As Asia’s economies grow, a business intelligence firm warns that a growing disconnect between distant headquarters and local offices could lead to an increase in fraud as internal audit teams fail to meet the mark.
Treasurers worried about China’s Cyber Security Law after ensuring their companies stay GDPR-compliant will need to soon think about India’s “fourth way” stance on privacy regulation
China has vowed to make it easier for corporates to do business on the mainland in continuing signs that a slowing GDP, and trade tariffs, are weighing on the economy
Singapore may have scrapped the idea of a centralised database to facilitate KYC checks for now but an advisory body in Hong Kong says the government might not even need one.
Data compliance and juggling jurisdictions is a recently acquired skill set for corporate treasurers. New, but opaque, laws in China could make it even more difficult for corporates
CSRC loosens buyback laws, Philippines: corporates ‘please explain’; HKMA calls on banks to review stress testing; APAC region struggles to meet benchmark deadlines; China seeks feedback on new blockchain rules
Microsoft’s group treasurer tells CT its role in a world first - a Swift payment on the cloud, a key step to lifting the software firm’s entire operations off-premise
Close-out netting derivatives get an update; Singapore to ‘ring-fence’ e-wallet deposits; MAS KYC plan ‘in a coma’; China’s new AML/CFT laws aimed at online FIs
Despite the advent of data and extraterritoriality, regulation is still a patchwork of regional fixes. When it comes to the crunch, whose laws should you obey?
