Financial Crime

Market Abuse

ASIC Launches 3rd BBSW-rigging Case

By Samuel Riding | 08/06/2016

Securities regulator accuses NAB of ‘unconscionable conduct and market manipulation’.

Anti-Money Laundering

Macau Tightens AML Rules

By Samuel Riding | 07/06/2016

Casinos must keep daily records and hire compliance officers.

KYC & CDD

KYC Takes on a Whole New Meaning

By Peter Guy | 06/06/2016

Know your customer used to be an important principle. Now you can go to jail for KYC shortcomings. The market reacts.

AI Risk & Governance

New Frontiers in Regtech

By Samuel Riding | 01/06/2016

Technology is proving its value beyond KYC and AML and improving both compliance and regulatory oversight.

Emerging Prudential Risks

Senior PBOC Official Says Supervisory Framework ‘Not Compatible’

By Samuel Riding | 01/06/2016

Chen Yulu says current supervision is not sufficient to deal with growing, increasingly complex risks.

KYC & CDD

Guotai Junan Fined for Breaching Client ID Rule

By Samuel Riding | 31/05/2016

SFC says securities firm took more than six months to comply with two-day disclosure rule.

Fraud, Scams & Cybercrime

India to Crack Down on Deposit Scams

By Samuel Riding | 31/05/2016

Regulatory loopholes have allowed credit-cooperative pyramid schemes to thrive.

Fraud, Scams & Cybercrime

Shanghai Ends Real Estate Lending Ban

By Samuel Riding | 31/05/2016

Shanghai office of CBRC had banned banks from doing business with six property firms.

Anti-Money Laundering

1MDB, BSI and the Tectonic Shift in Swiss Banking

By Peter Guy | 30/05/2016

Beyond recent revelations, new regulations and prosecution powers will reshape an industry’s entire future.