Regulatory Alerts2019-02-01
Added · Updated
Remote on-boarding of individual customers
The regulator issued this circular on 1 February 2019 to provide guidance on the remote on-boarding of individual customers for all authorized institutions. The document addresses key supervisory areas including anti-money laundering controls, banking conduct, and the use of fintech and regtech solutions. It serves as a reference for institutions managing account opening and maintenance processes through remote channels.