Ministry of Public Security says it has uncovered 80 cases of the form of insider trading since 2014. CSRC to use big data as it continues crackdown.
Grip could be set to get even tighter if DOJ proposals on accessing documents, expanding AML predicates are implemented.
Bill would allow regulator to compel firms to prepare recovery plans, enforce mandatory bail-ins for failing institutions.
Regulators conducted 60 joint investigations in 1H16, taking total to 365 since Shanghai-HK link established in 2014.
ASIC says Macquarie Securities failed to escalate suspicions; China-based HFT to pay $101mn.
Firm said to have inadequate PEP identification procedures for more than three years.
Compliance with US overseas enforcement actions is unlikely to change in Asia despite the dilemma it raises for the region's banks.
Zhongtai International breached AML/CTF Ordinance, Code of Conduct and SFC guidance.