Financial Crime

KYC & CDD

Philippine Authorises ‘Cash Agents’ in Financial Inclusion Drive

By Samuel Riding | 20/01/2017

Banks will be allowed to use off-site agents, including at convenience stores, to provide withdrawals, conduct KYC.

AI Risk & Governance

The Whys and Whats of Regtech

By Nick Wakefield | 19/01/2017

Speakers at Fintech Finals discuss the rationale for regtech, and where it can be of most use.

Fraud, Scams & Cybercrime

Bangladesh to Delay Heist Report Until Money Recovered

By Samuel Riding | 19/01/2017

Central bank officials accused of negligence in theft of $81 million.

Anti-Money Laundering

Singapore Accounting Regulator to Enhance Reporting Transparency

By Samuel Riding | 19/01/2017

Move aims to enhance governance standards, align with global AML, CTF standards.

Market Abuse

Ex HSBC, Deutsche Traders Guilty of Deception

By Samuel Riding | 19/01/2017

Investigation finds traders failed to disclose beneficial ownership, illegally profited from trades.

Market Abuse

HK SFC Sues StanChart, UBS for IPO ‘Misconduct’

By Samuel Riding | 18/01/2017

Case relates to timber company now in liquidation, delisting due to accounting irregularities.

Supervision & Enforcement

SSE to Tighten Supervision, Enforcement in 2017

By Samuel Riding | 18/01/2017

Exchange suggests 2017 will be more challenging due to market uncertainties, development.

Market Abuse

HK Court Rejects Citron Appeal

By Samuel Riding | 16/01/2017

Court says Left’s application to appeal not on time, would not have succeeded anyway.

Market Abuse

China to Clampdown on Illicit Trading Behaviour

By Samuel Riding | 13/01/2017

Illegal activities including market manipulation and fraud have ‘resurged’ at exchanges.