Fraud, money laundering more prevalent than even insider trading or market manipulation, Centre suggests; only 40% of market participants filed suspicious matter reports over 2-year period.
Former wealth manager at shuttered Singapore office of Swiss bank BSI to serve further two years for money laundering after witness tampering sentence ends.
Senior banking regulator suggests number of illegal fundraisings has declined sharply; counterpart at CSRC says to continue crackdown on market malfeasance.
FSS figures show banks have made $57.6bn from fees since 2013; President Moon pledged to tackle issue of excessive fees but no action has been taken yet.
Regulator concerned rules introduced last October are not being executed consistently as regional and other smaller banks deal with increasing number of international transactions.
Sheng Songcheng says bitcoin lacks 'fundamental attributes', but advocates government-derived virtual currency as Beijing-based institute researches blockchain and related financial technologies.
Malaysian regulators aim to improve the competitiveness of the domestic capital markets by enhancing the soft and hard skills and professional ability of local banking executives.
HKMA narrowly outpaces Singapore rival to enacting regime; becomes lead resolution body with responsibility for securities and insurance as well as banking.
Peril, innovation or salvation - the spectre of a cashless economy means different things to everyone.
Move by banking unit of country’s largest financial group to stop mortgages being used for personal use expected to be followed by other lenders.