Financial Crime

Supervision & Enforcement

HK SFC Fined Firms $3.33mn in 1H16

By Samuel Riding | 09/12/2016

Disciplinary actions up 67%; civil proceedings rise 23%; completed investigations increase by 24%.

Anti-Money Laundering

NZ Regulator Pinpoints AML/CTF Weaknesses

By Samuel Riding | 09/12/2016

FMA review of 800 firms finds inadequate staff training and variations in due diligence

Fraud, Scams & Cybercrime

China Launches Acceptance Bills Exchange

By Samuel Riding | 09/12/2016

New exchange aims to prevent fraud amidst PBOC concerns about ‘opaque information trading’.

Structural Regulation

The Big Picture – Indian Regulatory Outlook

By Samuel Riding | 08/12/2016

Highlights from Regulation Asia’s 2016 India Roundtable with ICCL, Stockholding, EY and PIVOT.

Anti-Money Laundering

AML & Open Data: The End of Privacy?

By Editors | 08/12/2016

Why regulation alone will not address risks arising from technological advances.

Structural Regulation

ASIC Issues Licensing Report

By Samuel Riding | 07/12/2016

Regulator concerned by misleading applications, overseas misrepresentation by OTC derivative licensees.

Market Abuse

Japanese Regulator Recommends Morgan Stanley Fine

By Samuel Riding | 07/12/2016

SESC suggests unit be fined $1.9mn for market manipulation including placing orders without intent to trade.

Resolution & Recovery

FSB RCG Asia Details Workplan, Policy Priorities

By Samuel Riding | 06/12/2016

Group met to discuss macroprudential frameworks, fintech, and correspondent banking.

Conduct, Culture & Accountability

Regulation: Now Up Close and Personal

By Peter Guy | 05/12/2016

HK’s proposal to expand liabilities to support staff will only sow division.