Financial Crime

KYC & CDD

Thomson Reuters Buys Clarient, Avox

By Samuel Riding | 07/02/2017

Thomson Reuters signed definitive agreements to acquire Clarient Global LLC and Avox Limited. Clarient is a global KYC (Know Your […]

Cybersecurity

Taiwan Regulator Asks Firms to Toughen Data Security

By Samuel Riding | 07/02/2017

Move comes after securities firm hacked, asked to pay ransom or face further attacks.

Anti-Money Laundering

Indonesia Tax Amnesty Nets $7.99bn

By Samuel Riding | 06/02/2017

Funds repatriated funds through government’s programme increase by $1.16bn in a month.

Capital Adequacy

Japanese Banks Eye Benefits of Dodd-Frank Rollback

By Samuel Riding | 06/02/2017

Banks say new administration’s order could cut regulatory costs or tighten rules for foreign banks.

Market Abuse

HK Freezes Assets in Insider Dealing Probe

By Samuel Riding | 06/02/2017

Court grants SFC request to stop suspects transferring $3.3 million out of Hong Kong.

Anti-Bribery & Corruption

S.Korea FSC Offices Raided

By Samuel Riding | 06/02/2017

Investigators seek personal data and transaction records related to corruption claims.

Anti-Money Laundering

Australia, Indonesia Forge CTF Alliance

By Samuel Riding | 03/02/2017

7-year agreement includes information sharing, cyber project to fight terrorism financing.

Anti-Money Laundering

FINMA Orders ‘Coutts’ to Pay $6.5mn for 1MDB Breaches

By Samuel Riding | 03/02/2017

Swiss regulator says bank’s own legal unit suspected transaction information was ‘entirely fabricated’.

Market Abuse

Korea Regulator Warns on Audit Leaks

By Samuel Riding | 02/02/2017

Move aims to curb illegally obtained audit info during accounting and settlement period.