Financial Crime

Market Abuse

SEBI Eases Trading Restriction on Hundreds of Firms

By Samuel Riding | 24/08/2016

Several companies which had been barred from the securities market can now conduct transactions.

Anti-Money Laundering

Taiwan Banks Ordered to Tighten Overseas Controls

By Samuel Riding | 22/08/2016

Multiple AML violations found at Mega Bank’s overseas branches.

Conduct, Culture & Accountability

CSRC Completes Fund Manager Investigations

By Samuel Riding | 22/08/2016

Regulator says it has investigated 305 firms, found 65 disclosure failures.

Data Privacy

Australian Banks Reject Open Data Call

By Samuel Riding | 22/08/2016

Gap between fintech and traditional banking made clear in responses to Productivity Commission inquiry.

Market Abuse

Australian Banks Face US Civil Action on Alleged Rate Rigging

By Samuel Riding | 19/08/2016

Civil claim accuses lenders of racketeering, wire fraud and collusion; cites ASIC investigations.

KYC & CDD

India Penalises Cooperative Banks for KYC Failures

By Samuel Riding | 18/08/2016

Four lenders fined for violating KYC and other regulations

Anti-Money Laundering

China Underground Banking Campaign Nets 450 Suspects, USD30bn

By Samuel Riding | 18/08/2016

Crackdown is focusing on cross-border illegal banking, transfers of proceeds of corruption.

KYC & CDD

HK to Issue New Account Opening Guidelines

By Samuel Riding | 16/08/2016

HKMA responds to concerns about SME and start-up access to banking services.

AI Risk & Governance

10 Things You Need to Know About Regtech

By Samuel Riding | 15/08/2016

Technology is transforming compliance and client relationships.