Updated:
May 05, 2021 12:47 IST
The RBI has decided to extend the scope of video KYC or V-CIP for new categories of customers such as proprietorship firms, authorised signatories and beneficial owners of legal entities.
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The RBI has decided to extend the scope of video KYC or V-CIP for new categories of customers such as proprietorship firms, authorised signatories and beneficial owners of legal entities. The Reserve Bank on Wednesday asked banks and other regulated financial entities not to impose any punitive restriction against customers for failure to update KYC till December end, in view of the second wave of coronavirus cases.
Mergers & Acquisitions Comparative Guide for the jurisdiction of Cayman Islands, check out our comparative guides section to compare across multiple countries
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The
Chippers, Inc, of Woodstock, VT, to its family of brands.
Mundy Wilson Piper, president and CEO of Chippers, Inc, said she considered both employees and clients when making the decision to join Davey Tree. In particular, she was drawn to the fact that Davey is the 9th largest employee-owned company in the US, according to the National Center for Employee Ownership.
Kimberly Sizelove has been named Regional Director of
Vermont Adult Learning’s Windham County office. She joined Vermont Adult Learning in 2021, entering the organization in her role as Regional Director. “VAL’s mission resonates with me,” Sizelove said. “I felt motivated to dedicate my time and use my skills to contribute to the success of Vermonters.”
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What a year it has been since our last Insurance Bulletin in March 2020. Although the full impact of Covid-19 on the re/insurance
industry remains unclear, the need to retain capital to meet potential losses has contributed to a general hardening of the market after 15 years of soft market conditions characterised by excess capacity, low prices and more relaxed policy terms.
The improved pricing and market outlook of recent months has attracted more capital into the industry to fund deals and growth opportunities. Conyers’ market- leading insurance legal practices in Bermuda and Cayman have seen a great deal of activity including incorporation of new insurers, note offerings by existing insurers and M&A activity. We hope you find this review of recent developments in the insurance and reinsurance sectors insightful and informative reading.
Australian-listed technology regulation company Kyckr is partnering with defence, security, and aerospace company BAE Systems Applied Intelligence to jointly address anti-money laundering and compliance challenges of regulated firms.
Kyckr (ASX:KYK) says the initiative will deliver accurate and efficient know-your-customer (KYC) and customer due diligence (CDD) solutions to address money-laundering issues, and with the partnership empowering mutual customers to benefit from Kyckr’s network of over 180 registries and 170 million entities across 120 countries.
“Competitive advantage lies in providing a frictionless customer journey – while minimizing risk,” said Peter Fisher, Product Director,
“Partnering with Kyckr, enables the automated screening of corporate records data within our NetReveal Customer Due Diligence solution. The result is effective investigations, better detection and ultimately, a smoother end customer experience.”