Financial Crime

Anti-Money Laundering

Bank of China Hit by US Enforcement Action

By Samuel Riding | 22/01/2016

US currency comptroller’s action relates to deficiencies in currency transaction controls.

Supervision & Enforcement

SEBI Freezes Bank, Demat Accounts

By Samuel Riding | 21/01/2016

Indian securities regulator issues attachment order on Aspen Projects after illegal fund raising.

Liquidity Risk

China Confirms Offshore RRR Move

By Samuel Riding | 19/01/2016

Central bank to lift RRR from 25 February as part of efforts to manage RMB liquidity.

Anti-Bribery & Corruption

China, Switzerland to Cooperate on ‘Stolen Assets’

By Samuel Riding | 18/01/2016

Foreign ministers also agree judicial assistance deal, cooperation on anti-corruption and finance work prior to G20 summit.

Capital Adequacy

The Regulatory Outlook for Australia

By Wolters Kluwer Financial Services | 15/01/2016

How integrated data, closer connectivity between risk and finance and new technology address the challenges Australian institutions face.

Payments & Settlements

RBI Relaxes Off-site ATM Rules

By Samuel Riding | 15/01/2016

Indian banks will be allowed to provide full range of services at off-site ATMs.

Credit Risk

Thailand to Transfer SFI Regulation to Central Bank

By Samuel Riding | 15/01/2016

Eight specialised financial institutions are currently regulated by Finance Ministry.

KYC & CDD

Fenergo, Markit and kyc.com Ink Strategic Deal

By Samuel Riding | 14/01/2016

Companies to work on integration of counterparty manager, client lifecycle and data management solutions.

Credit Risk

China Banks Asked to Reduce Product Yields

By Samuel Riding | 13/01/2016

Regulator and bond clearinghouse ask commercial banks to reduce yields on wealth management products.