Financial Crime

Fraud, Scams & Cybercrime

Self-regulator to Crack Down on China Hedge Funds

By Samuel Riding | 18/04/2016

AMAC issues new rules to regulate burgeoning private fund management industry.

Anti-Money Laundering

Net Closes Around China’s Shadow Banks

By Samuel Riding | 14/04/2016

Crackdown to be intensified amid volatility, outflow concerns.

Capital Adequacy

Japan to Consult on ‘Dynamic Supervision’

By Samuel Riding | 14/04/2016

FSA commissioner says new regulatory approach will provide more comprehensive assessment of bank safety and soundness.

KYC & CDD

Banks Rethink APAC Strategy as KYC Risks, Costs Mount

By Samuel Riding | 11/04/2016

Regulation Asia research finds 64% of financial institutions are considering fundamental changes to business.

KYC & CDD

Revealed – Asian Institutions’ KYC Disconnect

By Editors | 11/04/2016

Divergent attitudes of staff at different organisational levels illustrate difficulties in implementing culture of compliance.

Anti-Money Laundering

Panama Shell Games

By Peter Guy | 09/04/2016

The real story of the Panama Papers is the failure of regulations to stop tax havens.

KYC & CDD

Indonesia to Use Credit Card Data to Catch Tax Cheats

By Samuel Riding | 06/04/2016

Tax authorities will be able to access account numbers, card owner names and tax identification numbers.

Market Abuse

ASIC Starts Civil Case Against Westpac for BBSW Manipulation

By Samuel Riding | 06/04/2016

Securities regulator instigates case for ‘unconscionable conduct and market manipulation’.

KYC & CDD

CBRC Warns Banks on Overseas Risk

By Samuel Riding | 06/04/2016

Regulator says lenders should tighten controls amid allegations of compliance failings.