AML / KYC

HK Freezes Assets in Insider Dealing Probe

06/02/2017

Court grants SFC request to stop suspects transferring $3.3 million out of Hong Kong.

AML / KYC

S.Korea FSC Offices Raided

06/02/2017

Investigators seek personal data and transaction records related to corruption claims.

Capital / Liquidity

RBI Issues Proposals on Forex Hedging, Capital, IRRBB

03/02/2017

NRIs to be allowed to hedge currency risk; banks can dip into reserves for T1 capital.

Market Infrastructure

Indonesian State Lender to Set-up Malaysian Subsidiary

03/02/2017

Move aims to strengthen presence in neighboring country following BNM, OJK deal last year.

Market Infrastructure

Vietnam to Further Diversify Bond Market

03/02/2017

Finance Ministry to issue floating-rate G-bonds in 2Q17; set up corporate bonds database.

Market Infrastructure

New Zealand Revises Bank Outsourcing Policy

03/02/2017

Revisions aim to ensure consistent compliance in resolving bank failures.

AML / KYC

Australia, Indonesia Forge CTF Alliance

03/02/2017

7-year agreement includes information sharing, cyber project to fight terrorism financing.

AML / KYC

FINMA Orders ‘Coutts’ to Pay $6.5mn for 1MDB Breaches

03/02/2017

Swiss regulator says bank’s own legal unit suspected transaction information was ‘entirely fabricated’.

DTCC Appoints Ann Shuman as General Counsel

02/02/2017

The Depository Trust & Clearing Corporation (DTCC), announced that Ann Shuman, DTCC Managing Director and Deputy General Counsel, has been […]