Financial Crime

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.

Cybersecurity

Pakistan Investigating Mastercard-ID Database Deal

By Samuel Riding | 08/02/2017

Agreement with Pakistan’s National Database and Registration Authority inked in January.

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.