Financial Crime

Anti-Money Laundering

MAS Details 1MDB Investigations

By Samuel Riding | 22/07/2016

Quintet of banks and one remittance agent have been under investigation.

Market Abuse

JSDA Targets Information Leaks

By Samuel Riding | 21/07/2016

Trade body to issue guidelines banning analysts from gathering data related to earnings.

Fraud, Scams & Cybercrime

Japanese Newspaper Links Blacklisted Brokers to Panama Papers

By Samuel Riding | 20/07/2016

Financial Futures Association notes Japan is one of the world’s largest markets for binary options.

Anti-Money Laundering

Indonesia Tax Amnesty Begins

By Samuel Riding | 18/07/2016

Government begins amnesty despite judicial review; expected to raise billions of dollars.

KYC & CDD

6 Key Considerations for CRS Implementation

By Editors | 18/07/2016

CRS compliance process proving to be more complicated than just an extension of FATCA compliance.

Supervision & Enforcement

China, Abu Dhabi to Cooperate on Financial Regulation

By Samuel Riding | 18/07/2016

MoU covers cross-border activities and enhanced regulatory collaboration.

Emerging Prudential Risks

Sri Lanka Enacts Microfinance Law

By Samuel Riding | 15/07/2016

Act standardises regulation of microfinance companies and NGOs.

Fraud, Scams & Cybercrime

Malware Prompts Taiwan Banks to Shut off ATMs

By Samuel Riding | 13/07/2016

Two other lenders follow First Bank in turning off machines after more than USD2mn is stolen.

Conduct, Culture & Accountability

Asia’s Conduct Equation

By Samuel Riding | 12/07/2016

Why taking a firm grip on the nebulous concept of conduct requires more than just money and resources.