Financial Crime

KYC & CDD

CBRC Warns Banks on Overseas Risk

By Samuel Riding | 06/04/2016

Regulator says lenders should tighten controls amid allegations of compliance failings.

KYC & CDD

SEBI Takes Call for Unified KYC to Finance Ministry

By Samuel Riding | 06/04/2016

Regulator asks ministry to allow acceptance of bank KYC for fund accounts.

Anti-Money Laundering

Philippine Stock Exchange to Tighten AML Measures

By Samuel Riding | 05/04/2016

Enhanced KYC rules to be introduced in aftermath of Bangladesh Bank scandal.

Market Abuse

SEBI Surveillance Exposes Exchange Abuses

By Samuel Riding | 05/04/2016

More than 1,000 entities to be barred for abusing exchanges to evade taxes, manipulate market.

Structural Regulation

Asian Financial Cooperation Association to Launch in July

By Samuel Riding | 31/03/2016

Association to develop standards on financial innovation, financial infrastructure construction and risk management.

Anti-Money Laundering

Gambling with Financial Inclusion

By Peter Guy | 29/03/2016

Casinos exemption from AML could jeopardise the money transfer and remittance services on which Philippines’ economy depends.

Credit Risk

China Ups Scrutiny of Distressed Asset Managers

By Samuel Riding | 29/03/2016

Banking regulator focusing on ‘improper’ bad debt transactions with commercial banks.

KYC & CDD

PBOC, CBRC Back New Mortgage Rules

By Samuel Riding | 28/03/2016

Shanghai raises minimum down payment requirements amid overheating fears.

Trading & Investment

SEBI Considering New Spot Market Pricing Mechanism

By Samuel Riding | 28/03/2016

Price polling mechanism could be introduced for all commodities and their derivatives.