Multiple AML violations found at Mega Bank’s overseas branches.
Regulator says it has investigated 305 firms, found 65 disclosure failures.
Gap between fintech and traditional banking made clear in responses to Productivity Commission inquiry.
Regulator has already instigated platform allowing investors to lodge complaints.
Four lenders fined for violating KYC and other regulations
Central bank deputy general governor says lenders should also promote in-house loan verification.
Crackdown is focusing on cross-border illegal banking, transfers of proceeds of corruption.
HKMA responds to concerns about SME and start-up access to banking services.
Malaysian central bank says it will not reopen investigations.
Bali CTF summit yields greater coordination on risk assessment, information sharing.