Financial Crime

Payments & Settlements

The Cashless Economy – Closer Than You Think

By Peter Guy | 29/02/2016

Determined financial regulation and proven technology could result in the cashless society needed for negative rates.

Structural Regulation

Philippines Confirms New Bank Approval Rules

By Samuel Riding | 23/02/2016

Central bank confirms complete lifting of moratorium from 1 January, 2018.

Credit Risk

OJK to Issue New Interest Rate Rules

By Samuel Riding | 23/02/2016

Indonesian financial services authority responds to calls for lower rates, central bank expected to cut benchmark.

PEPs & Sanctions

ICBC Freezes N.Korea Accounts

By Samuel Riding | 23/02/2016

China’s largest bank among several to halt deposits and transfers, according to S.Korean newspaper.

Credit Risk

SEBI Steps up Distressed Bonds Inquiry

By Samuel Riding | 23/02/2016

Securities regulator looking at detailed submissions from asset managers due to downgrade concerns.

Structural Regulation

New Head of CSRC Faces Arduous Learning Process

By Peter Guy | 22/02/2016

Chinese regulators are conflicted between enforcing conduct and controlling market forces.

KYC & CDD

High Level of Compliance with New Philippines Securities Rules

By Samuel Riding | 21/02/2016

Regulator says 88 of 133 firms meet new regulations despite objections from brokers and dealers association.

Anti-Money Laundering

Malaysia Joins FATF

By Samuel Riding | 21/02/2016

Financial Action Task Force cites country’s commitment to action plan after 2015’s mutual evaluation.

KYC & CDD

KYC.com Launches Service in HK, Singapore

By Samuel Riding | 19/02/2016

HSBC, Morgan Stanley among banks using KYC data, documentation platform.