Unscrambling MiFID II
The Markets in Financial Instruments Directive (“MiFID”) consists of a framework of EU legislation that regulates financial institutions. Banks, brokers and asset managers who provide investment…
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2017 Q2 i-KYC Trend Letter
Welcome to this second i-KYC Quarterly Trend Letter for 2017. From the many interesting developments over the last couple of months we cherry picked a couple to bring to your attention. Read on!…
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Subsidiary Governance
As many banks and other companies have painfully experienced over the years, exercising due oversight and control over subsidiary companies can be difficult. Firms with foreign subsidiaries face…
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Pakistan is not the only country where this can happen
This article published in ‘Dawn’ last year not only describes the K&K case clearly but at that highlights some of the underlying issues in Pakistan. A large informal economy, a tradition of…
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The impact of MyInfo in Singapore on the cost of compliance
The MAS had already announced it a while ago but newspapers are picking up on the news of an ‘account opening utility’ now as well (StraitsTimes). The idea is not new of course but it is an…
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2017 Q1 KYC Trend Letter – Gulf Edition
Welcome to this special Gulf edition of our Quarterly Trend Letter. I-KYC is pleased to partner with Vianta Advisors of Dubai to bring to you a selection of topics of interest in the field of…
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2017 Q1 KYC Trend Letter
With the tally of bank penalties topping USD 321 billion since the crisis* Banking Leaders understandably devote much time and resources to regulatory compliance. With our quarterly i-KYC Trend…
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