Financial Crime

Trading & Investment

Hanoi Exchange Issues New Trading Rules

By Samuel Riding | 13/09/2016

New measures aim to prevent manipulation and boost liquidity.

Operational Risk

Vietnam Bank Supervision Failing, Academic Says

By Samuel Riding | 13/09/2016

Banking Academy deputy director cites supervision failures; suggests sector restructuring did not have desired impact.

Market Abuse

Forex Allegations Reopen Door to HSBC Prosecution

By Peter Guy | 12/09/2016

Charges against traders and possibly the bank itself will create regulatory and compliance dilemmas.

Anti-Money Laundering

Vietnam Sets up AML/CTF Steering Committee

By Samuel Riding | 12/09/2016

Committee headed by deputy prime minister charged with developing new policies.

KYC & CDD

Indonesia Simplifies Account Opening Process

By Samuel Riding | 12/09/2016

New rule relaxes KYC requirements for banking service provision through agents.

Anti-Money Laundering

China, Cambodia Ink AML/CTF MOU

By Samuel Riding | 09/09/2016

Cambodia ranks 6th globally for susceptibility to money laundering, terrorist financing.

KYC & CDD

HKMA Warns of Excessive Due Diligence

By Samuel Riding | 09/09/2016

Authority says some KYC/AML measures ‘disproportionate’; looking at KYC utilities to ease regulatory burden.

Anti-Money Laundering

Ease AML/CTF Regulations for Low-value Transactions: Brookings

By Samuel Riding | 08/09/2016

Influential think-tank suggests some regulations could be eased to support financial inclusion.

PEPs & Sanctions

SWIFT’s Sanctions Screening Service Exceeds 500 Customers

By Samuel Riding | 08/09/2016

Hong Kong, 7 September 2016 – SWIFT announces another important milestone for its hosted compliance services – the 500th customer […]