Anti-Money Laundering

SEBI Uncovers Money Laundering in NSEL Scam

02/09/2016

Report cites instances of unauthorised modification of unique client codes.

Trading & Investment

BSE-ICCL Launch FPI Handbook

02/09/2016

SEBI-backed handbook for foreign investors available in 8 languages.

Anti-Money Laundering

RBI Said to Consider ‘Nodal Agency’ to Track P2P Lending

01/09/2016

P2P regulations expected to be issued in the coming days as Raghuram Rajan prepares to leave office.

Operational Risk

HKMA Urges AIs to Enhance Risk Management Controls

01/09/2016

Reported incidents include underpayment of stamp duty on OTC transactions.

Fraud, Scams & Cybercrime

China P2P Lending Rules Prompt US Lawsuits

01/09/2016

Class actions allege P2P lender Yirendai failed to disclose borrower fraud, mis-stated impact of new regulations.

Supervision & Enforcement

SFC Reprimands, Fines BNP Paribas

01/09/2016

Regulator says bank overcharged on equities, bonds, structured products, options, swaps and funds.

Clearing & Post-Trade

SFC Approves 4 CCPs for OTC Clearing

01/09/2016

Mandatory clearing covers HKD- or G4 currency-denominated interest rate swaps.

Cloud & Infrastructure

Herbert Smith Freehills Opens 1st Alternative Legal Services Hub in China

01/09/2016

Leading global law firm Herbert Smith Freehills extended its innovative Alternative Legal Services business to China. A 13-member team of […]

Anti-Money Laundering

Banks’ Exit from Emerging Markets Hurting AML, CTF Efforts – FSB

31/08/2016

Report to G20 says funds are being driven underground; cites failures to initiate derivative market reform in China and Korea.