Financial Crime

AI Risk & Governance

Entering the Regtech Era

By Samuel Riding | 30/11/2015

In a new research report three Asia Pacific-based academics offer answers to the vexing question of how to regulate financial technology.

Fraud, Scams & Cybercrime

SFC Warns on Unlicensed Forex Broker

By Samuel Riding | 30/11/2015

IQSFX added to alert list on suspicion of conducting unlicensed business in Hong Kong.

Market Abuse

Citic Securities, Guosen Probed by CSRC

By Samuel Riding | 27/11/2015

Securities regulator looking into alleged violations of securities rules at two of China’s top three brokers.

Structural Regulation

Korea to Ease Foreign Bank Regulations

By Samuel Riding | 25/11/2015

Financial statements of foreign lenders operating in Korea will no longer be scrutinised by FSS.

Cryptocurrency

Swift Seeks Regulatory Unity on Cryptocurrencies

By Samuel Riding | 24/11/2015

Payment service network’s research platform suggests regulatory uncertainty is hindering AML and CTF efforts.

Anti-Money Laundering

India Probes HSBC Accounts Over Money Laundering Concerns

By Samuel Riding | 24/11/2015

Indian central bank conducted investigation into books of accounts between March and April 2015.

KYC & CDD

Time Running out for ‘GATCA’ Compliance: Wolters Kluwer

By Samuel Riding | 24/11/2015

Institutions that move quickly on ‘Global Account Tax Compliance Act’ can gain competitive advantage.

Fraud, Scams & Cybercrime

Chief SGX Regulator Warns on China-linked Losses

By Samuel Riding | 19/11/2015

Exchange issues warning to directors and audit committees amid surge in impairments and write-offs.

Cryptocurrency

Japan to Revamp Oversight of Virtual Currencies

By Samuel Riding | 18/11/2015

FSA invites operators of virtual currency exchanges to share knowledge and come up with ideas for regulation.