Financial Crime

KYC & CDD

SEBI Tightens P-Note KYC

By Samuel Riding | 12/07/2016

Offshore derivative instruments have allegedly been misused for round-tripping funds

Market Abuse

ASIC Details Alleged NAB Rate-rigging

By Samuel Riding | 11/07/2016

Australian banks should improve compliance as series of scandals emerges, regulator says.

Fraud, Scams & Cybercrime

MAS Calls for Enhanced Security After Bank Heist

By Samuel Riding | 11/07/2016

Standard Chartered branch did not have a guard on duty when crime was committed.

Fraud, Scams & Cybercrime

CSRC Conducts Forcible De-listing

By Samuel Riding | 11/07/2016

Securities regulator declares “zero tolerance” for IPO fraud in effort to restore stock market credibility.

Structural Regulation

SEBI to Strengthen Supervision of Bond Rating Agencies

By Samuel Riding | 08/07/2016

Board member Rajeev Kumar Agarwal says to also simplify FPI procedures, crack down on ‘black money’.

KYC & CDD

Thomson Reuters Org ID Ensures Alignment With SG Banks’ KYC Practices

By Samuel Riding | 08/07/2016

Thomson Reuters Org ID KYC, the global Know Your Customer end-to-end client identity managed service, has adopted the Association of […]

KYC & CDD

Boost Controls, Transparency to Avoid De-risking – SWIFT

By Samuel Riding | 06/07/2016

Study says de-risking in correspondent banking can force individuals to even riskier, poorly regulated channels.

Anti-Money Laundering

Philippines Set to Close Casino Money Laundering Loophole

By Samuel Riding | 06/07/2016

Bill proposes to amend 2001 Anti-Money Laundering Act which excluded casino operators, junkets.

Fraud, Scams & Cybercrime

Indian Auditor General Eyes Regulator’s Performance

By Samuel Riding | 05/07/2016

Comptroller says performance audits would mitigate the risk of financial frauds.