Financial Crime

Anti-Bribery & Corruption

CCDI Criticises PBOC, Regulators, Exchanges

By Editors | 11/02/2016

Regulatory bodies look set for deeper investigation in the Lunar New Year.

Anti-Bribery & Corruption

Inspection Finds Graft Risks, Moral Hazard at CDB, CIC

By Samuel Riding | 11/02/2016

China’s discipline commission completes two-month review of 21 regulators and institutions.

Fraud, Scams & Cybercrime

Fraud Allegations at Australia’s Commonwealth Bank

By Samuel Riding | 04/02/2016

Staff allegedly involved in Ponzi scheme which continued for five years after initial suspicions raised.

Fraud, Scams & Cybercrime

Tip of the Iceberg? – Ezubao and China P2P

By Editors | 04/02/2016

Ponzi scheme revelations cast shadow over China’s P2P lending sector.

Credit Risk

Taiwan RMB Derivative Losses ‘Under Control’ – FSC

By Samuel Riding | 03/02/2016

Regulator says local banks have sufficient provisions one week after citing inappropriate sales by nine institutions.

Market Abuse

Goldman Sachs Censured for HK Takeover Code Breaches

By Samuel Riding | 03/02/2016

Investment bank failed to make dealing disclosures on 111 trades, breached research report restrictions.

Market Abuse

MAS to Take on Exchange Surveillance

By Samuel Riding | 01/02/2016

Monetary authority says self-regulating Singapore exchanges can have ‘blind spots’

Fraud, Scams & Cybercrime

SFC Warns of Brokerage Account Security Breaches

By Samuel Riding | 29/01/2016

Incidents of unauthorised access prompt reminder from regulator, cybercrime bureau.

KYC & CDD

Correspondent Banking KYCC ‘Impossible’ in HK, Singapore – Thomson Reuters

By Samuel Riding | 27/01/2016

Both jurisdictions said unlikely to implement FATF recommendations before the end of this decade.