Fraud, Scams & Cybercrime

Indonesia, India Shutter Dodgy Investment Companies

13/01/2017

OJK task force shuts down 6 firms for illegal operation; RBI orders 7 NBFC to close.

Trading & Investment

Myanmar Exchange to Allow Foreign Investment ‘Soon’

13/01/2017

New Companies Act allowing foreign money into YSX has been submitted to parliament.

Anti-Money Laundering

Pakistan to Introduce Tax Amnesty

13/01/2017

6-month scheme would charge only 5% on returned assets in first 2 months.

Structural Regulation

China to Issue New Regional Equity Market Rules

12/01/2017

Premier says new rules aim to ‘better regulate the market’, help economic stabilisation.

Anti-Money Laundering

Ex-Falcon Manager Linked to 1MDB Jailed, Fined

12/01/2017

Former branch manager failed to file STRs, pleads guilty to six of 16 charges.

Structural Regulation

SAFE Denies Telling Banks to Keep Instructions Secret

12/01/2017

Media report says banks ordered not to reveal instructions on forex trades.

Anti-Money Laundering

Bangladesh Cuts Mobile Transaction Limits

12/01/2017

Inbound daily transfer limit slashed more than 75%.

Anti-Money Laundering

Indonesia Investigating ISIS Bitcoin Transactions

12/01/2017

Activist Bahrun Naim said to have transferred funds via online transfers, remittances and blockchain.

Trading & Investment

India’s NSE Wins Approval for International Exchange

12/01/2017

National Stock Exchange says to start international trading by mid-February.