Many organisations are awaiting further clarification of requirements before determining their approach to FATCA compliance. Indeed interest groups continue to lobby for further burden reducing ...

Securities regulators have issued guidance setting out their expectations for tougher client identification requirements. In a notice published Aug. 6, the Investment Industry Regulatory Organization ...

In an era marked by increasing cybercrime, safeguarding demat accounts has become paramount, and several security measures, including the Unique Client Code (UCC), have been implemented to enhance ...

Toronto-based Securefact Transaction Services Inc. is looking to make client onboarding easier for financial services institutions with the launch of a new identification verification tool. The Secure ...

THE BANGKO SENTRAL ng Pilipinas (BSP) has updated its rules for validating client identity by accepting the national ID and the use of technology for verification. Circular 1022 issued by BSP Governor ...