Outsourced AML controls and continuing duties of licensed firms
AML/CFT framework, licence terms, regulator-specific rules and accountable senior-management functions matter.
Financial Regulatory LawREAD ANALYSIS ↗
Home / Insights
INSIGHTSLegal analysis.
In context.
Commentary relevant to Financial Services Licensing & Compliance.
NINETY TWO CHAMBERS / INSIGHTS
THE JOURNAL / NINETY TWO CHAMBERS
Financial Services Licensing & Compliance
Read analysis by legal discipline. Articles appear only after editorial approval and publication.
Compliance Officer Independence in Licensed Financial Intermediaries
A financial intermediary applying for a licence may nominate a director as compliance officer to reduce overhead during its initial months.
Financial Services Licensing & ComplianceREAD ANALYSIS ↗
Building AML and CFT Controls That Withstand Regulatory Inspection
A financial institution can have a compliance manual that appears complete and still fail a regulatory inspection because its actual customer records, transaction monitoring and escalation practices do not match the manual. AML/CFT obligations require demonstrable controls rather than declarations of.
Financial Services Licensing & ComplianceREAD ANALYSIS ↗
NBFC, Fintech or Commodity Broker? Identifying the Correct Regulatory Framework
A technology platform that facilitates investments, receives client money or matches transactions may fall within financial regulation even when its founders describe it as software rather than finance. The correct licensing category follows what the business does, not what its promotional materials call.
Financial Services Licensing & ComplianceREAD ANALYSIS ↗
Responding to an SECP Show-Cause Notice: Building the Defence Before the Hearing
A notice from the Securities and Exchange Commission of Pakistan should not be answered as though it were a routine request for information. Where the notice alleges a contravention, questions the eligibility of management or proposes a penalty or restriction, the response may determine both the immediate regulatory outcome and the record on which any appeal is later.
Regulatory Advisory & InvestigationsREAD ANALYSIS ↗
Licensing a Futures Broker in Pakistan: Fit-and-Proper Requirements Are an Operating Question
An application for a futures brokerage licence is often treated as the final administrative step in setting up a brokerage business. That is a mistake. The proposed ownership, board, chief executive, compliance arrangements and financial resources must be capable of meeting the regulatory framework before an application is filed. A complete set of forms cannot cure a.
Financial Services Licensing & ComplianceREAD ANALYSIS ↗