AML/CTF regulations to be changed; banking regulator says any current absence of address verification will be seen as justified.
Proposed market practice rules would end requirement that senior managers pre-approve staff to trade so long as customer information is protected.
SFC chief says move will enhance market transparency and surveillance, and improve efficiency in cracking down on malpractice.
CBRC says failure of regulators to identify risks amounts to ‘dereliction of duty’; urges lenders to sort out non-performing loans.
Xinhua says authorities will introduce a licensing programme and stricter AML rules for cryptocurrency exchanges; ICOs also to become regulated.
Trial has already been completed on interbank transfers; blockchain programme will be extended to include securities sector as well as payments.
Fifteen banks in Thailand have set up a group to tackle information technology stability and security and prepare for cyber-attacks.
Bank Negara Malaysia governor says it has shared the names of more than 400 individuals with banks in the country over the...
Authorities suggest bank may have conducted $1.4bn of transfers to Singapore to avoid being caught under Common Reporting Standard.
Forensic accountancy qualification will be open to financial crime compliance and investigations professionals; ACRA to consider monitoring audit firms.