Financial Crime

    Market Abuse

    Indonesia Exchange Seeks to Ward off ‘Marking the Close’

    By Samuel Riding | 13/02/2017

    IDX could follow Malaysia, Singapore, HK exchanges in opening up pre-closing trade to scrutiny.

    Supervision & Enforcement

    RBI Sets up Enforcement Unit

    By Samuel Riding | 10/02/2017

    Indian central bank also setting up standing committee on cybersecurity.

    Fraud, Scams & Cybercrime

    Ex-Westpac Banker Jailed for Mis-selling $3mn of Loans

    By Samuel Riding | 10/02/2017

    Investigation finds former banker encouraged elderly victims to borrow and invest despite their limited means.

    KYC & CDD

    SEBI Close to Tightening P-note Rules

    By Samuel Riding | 10/02/2017

    Regulator in advanced stages of discussion with special investigation team.

    Supervision & Enforcement

    Pakistan, Nepal Ink Supervision Agreement

    By Samuel Riding | 10/02/2017

    Central banks will cooperate on financial supervision, exchange information.

    Cybersecurity

    Banks Targeted by DDoS, Hack Combined Attacks – Report

    By Samuel Riding | 10/02/2017

    Asia Pacific countries the source of more than half of all DDoS botnet attacks, Nexus Guard says.

    Cryptocurrency

    China Threatens to Close Bitcoin Exchanges

    By Samuel Riding | 09/02/2017

    Exchanges have imposed trading fees in response to PBOC inquiries.

    Fraud, Scams & Cybercrime

    Pakistan Hunts Fugitive Brokers

    By Samuel Riding | 09/02/2017

    Brokers stole clients’ cash, stocks; SECP to also investigate PSX officials for possible negligence.

    Cybersecurity

    Indonesia Surfs Fintech Wave to Financial Inclusion

    By Samuel Riding | 09/02/2017

    How OJK is backing technology to form entirely new financial ecosystems.

    Cryptocurrency

    BSP Sets Virtual Currency Exchange Rules

    By Samuel Riding | 09/02/2017

    New guidelines aim to regulate digital currencies used in financial services delivery to curb AML, CTF.

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