Financial Crime

Anti-Money Laundering

Asia Next Up for US Tax Crackdown

By Samuel Riding | 27/05/2016

Banks with links to avoidance should start submitting to scrutiny now, according to Withers.

Trading & Investment

SEBI to Increase Broker Monitoring, Issue HFT Regulations

By Samuel Riding | 27/05/2016

Regulator sets out priorities for 2016/17 including de-listing of 4,200 firms.

Market Abuse

SEC Freezes Account of Pakistan-based Trader

By Samuel Riding | 25/05/2016

US regulator says trader manipulated stock through false regulatory filing.

Cybersecurity

SWIFT to Reinforce Security

By Samuel Riding | 25/05/2016

Messaging service has had security questioned since Bangladesh Bank scandal.

Market Abuse

How Friendships Cloak Financial Gain in China

By Samuel Riding | 24/05/2016

The importance of understanding the links between China’s fund managers and analysts.

Anti-Money Laundering

MAS Orders Branch of Swiss Private Bank to Shut Down

By Samuel Riding | 24/05/2016

Regulator says bank involved in Singapore’s ‘worst case of control lapses and gross misconduct’.

Supervision & Enforcement

HK, US Regulators Agree Mutual Supervision, Oversight

By Samuel Riding | 24/05/2016

SFC and FINRA sign agreement on regulation of entities with cross-border operations.

KYC & CDD

SEBI Tightens KYC for Offshore Derivatives

By Samuel Riding | 20/05/2016

Securities regulator to require monthly reports on transfer flow from P-Note issuers.

Market Abuse

Credit Suisse Fined for Market Integrity Rule Breaches

By Samuel Riding | 20/05/2016

Australian unit fined USD50,000 for failure to have automated trading filters in place to prevent interference with market integrity.