Trending

AML / KYC

Japan FSA Flags Banks, Crypto as High-Risk for Money Laundering

By Editors | 03/07/2025

The FSA will focus on verifying the effectiveness of AML/CFT systems at FIs in preparation for the next FATF mutual evaluation.

AML / KYC

RBI Directs Banks to Adopt Telecoms Fraud Risk Tool

By Manesh Samtani | 03/07/2025

The RBI has directed all lenders to integrate a new government system that flags mobile numbers linked to financial fraud.

Capital / Liquidity

Singapore to Align Fund Liquidity Rules with Global Standards

By Manesh Samtani | 03/07/2025

MAS will revise its fund liquidity rules to align with FSB and IOSCO standards, including mandating greater use of anti-dilution tools.

Market Infrastructure

New Operational Risk Management Rules Now in Force in Australia

By Sanday Chongo Kabange | 02/07/2025

The new rules require APRA-regulated entities to be well-prepared to ensure continuity of critical services and respond to business disruptions.

Fintech / Regtech

Goldman Sachs to Make GS DAP Platform “Industry-owned”

By Nithya Subramanian | 22/11/2024

Goldman will establish a new, standalone company to spin out GS DAP so that it can be used by more participants to interoperate seamlessly.

Enforcement

SFC Suspends Former Yuanta Securities Licensee for 26 Months

By Mark Johnston | 22/11/2024

The former licensee had a secret profit-sharing agreement with a client, failed to disclose personal dealings, and made false representations to the SFC.

Enforcement

Former Richmond Fed Official Pleads Guilty to Insider Trading

By Mark Johnston | 22/11/2024

The official used confidential information about FIs under Federal Reserve Bank of Richmond supervision to profit from stock trading.

AML / KYC

UPDATED – Wirecard Fraud: A Timeline of Events

By Editors | 30/06/2020

Wirecard has filed for insolvency amid multiple probes. BaFin faces scrutiny for mishandling clear red flags. EY faces lawsuits for failing to catch the improprieties earlier.