The FSA's Hiroshi Ozaki spoke at Regulation Asia's Fraud and Financial Crime Asia 2021 Conference
Foreign VASPs that continue to target Korean customers after 24 September without registering with KoFIU will be subject to penalties in Korea.
A new EU-level AML authority will coordinate national authorities to ensure the private sector correctly and consistently applies EU rules.
The updated guidance reflects the reforms which consolidate three existing hawking prohibitions into a ban covering all financial products.
Only qualified investors can trade on the new boards, including individuals that meet a net worth or annual income requirement.
KoFIU Notifies Foreign VASPs of Their Obligation to RegisterJuly 23, 2021
European Commission Presents Package of AML/CFT ReformsJuly 23, 2021
HKMA Launches Commercial Data Interchange Innovation HubJuly 23, 2021
ASIC to Update Guidance on Anti-hawking RegimeJuly 23, 2021
ARRC Endorses Shift to RFRs for Cross-currency Basis SwapsJuly 23, 2021
Taiwan Launches Two New Trading Boards for StartupsJuly 23, 2021
ASIC Publishes Reference Checking Protocol & GuidanceJuly 23, 2021
MAS, SFA Launch 2021 SFF Global FinTech AwardsJuly 23, 2021
China: Shanxi Banking Regulator to Face Corruption TrialJuly 23, 2021
APRA Asks Insurers to Review Risk Management FrameworksJuly 23, 2021