🚀 Expert Advocates Risk-Based Approach for Broker Regulations
#BrokerRegulations #RiskBasedApproach #AML #VirtualAssets #Securities #AI #Compliance #FinancialRegulation
Chen Zhihua has highlighted the ongoing debate regarding brokers' requirement for clients to pre-register designated bank accounts, suggesting it may indicate the application of virtual asset regulatory concepts to traditional securities. According to NS3.AI, Chen emphasized that regulators should adopt a risk-based anti-money laundering strategy, concentrating on beneficial owners, abnormal fund flows, same-name account standards, and AI monitoring.#BrokerRegulations #RiskBasedApproach #AML #VirtualAssets #Securities #AI #Compliance #FinancialRegulation