Financial Crime

Anti-Bribery & Corruption

CSRC Vice Chairman Caught up in Graft Probe

By Samuel Riding | 16/11/2015

Yao Gang one of the CSRC officials responsible for stabilising China’s markets.

KYC & CDD

SEBI to Ease KYC for Mutual Fund Investments

By Samuel Riding | 12/11/2015

Investments of less than USD3,000 will not require in-person verification.

Anti-Money Laundering

HKMA Reminds Institutions of FATF Warnings

By Samuel Riding | 10/11/2015

Letter to Hong Kong institutions reiterates need for AML/CFT countermeasures, scrutiny on Iran, North Korea and Myanmar.

KYC & CDD

Leading Banks Join Fenergo in Addressing Industry Challenges

By Editors | 09/11/2015

Complexity of multi-jurisdictional entity data is presenting financial institutions with inconsistencies between international and local rules and restrictions.

Market Abuse

Spoofing Conviction Creates Uncertainty

By Peter Guy | 09/11/2015

Last week’s successful US conviction creates more ambiguity in electronic trading and global markets.

Market Abuse

Singapore Investigates Alleged Derivatives Spoofing

By Samuel Riding | 09/11/2015

SGX investigation prompted by large number of complaints and amid increased scrutiny of spoof trading.

KYC & CDD

Dhanlaxmi Bank Fined for KYC Violations

By Samuel Riding | 06/11/2015

RBI sanction comes after warning notice and arrest of former Dhanlaxmi officials.

Market Abuse

SGX Extends Privy List Requirements

By Samuel Riding | 04/11/2015

Rule comes into effect on December 1; exchange to no longer require private notification of significant transactions

Market Abuse

China Funds, Banks Hit as Market Probe Intensifies

By Samuel Riding | 03/11/2015

Authorities extend investigations with detention of hedge fund manager, questioning of Agricultural Bank president