Financial Crime

Anti-Money Laundering

Taiwan to Strengthen AML Law

By Samuel Riding | 26/08/2016

Cabinet drafts bill which would increase penalties, introduce asset seizures.

Supervision & Enforcement

India, Abu Dhabi Regulators Ink Cooperation Pact

By Samuel Riding | 26/08/2016

SEBI has already signed 22 MoUs with other regulators; sent 44 assistance request to other jurisdictions in 2015/16.

Market Abuse

Singapore’s 1st ‘Front Running’ Prosecution

By Samuel Riding | 26/08/2016

Three defendants each charged with more than 100 offences.

Payments & Settlements

MAS Issues Payments Consultation

By Samuel Riding | 26/08/2016

Regulator proposes activity-based regime under single regulatory framework.

Market Abuse

Chinese Affiliate of Dutch HFT Firm in CSRC Probe

By Samuel Riding | 26/08/2016

IMC says it is cooperating with regulator on inquiry into Shanghai-based operation.

Fraud, Scams & Cybercrime

Five India Brokers Sued for Mis-selling

By Samuel Riding | 26/08/2016

Civil cases follow Enforcement Directorate, SEBI investigations into alleged $836mn scam.

KYC & CDD

Fintech Start-ups Including KYC Platform Enter Accenture’s APAC Innovation Lab

By Samuel Riding | 25/08/2016

Accenture announced that eight leading financial technology (fintech) companies including a KYC platform began a 12-week mentorship program in the […]

Conduct, Culture & Accountability

SFC Reprimands Morgan Stanley, Issues USD2.4mn Fine

By Samuel Riding | 25/08/2016

US bank’s Hong Kong securities operation says to review internal controls to ensure compliance.

Anti-Money Laundering

New Zealand-China AML Operation Nets $31mn

By Samuel Riding | 24/08/2016

Forfeiture the largest ever in New Zealand and first related to crimes alleged to have occurred in China.