Financial Crime

Trading & Investment

CITIC Cancels Bond Plans

By Samuel Riding | 16/12/2015

Brokerage asks regulator to withdraw application for USD3.5 billion corporate bond issuance.

Fraud, Scams & Cybercrime

China Cracks Down on OTC Markets

By Samuel Riding | 16/12/2015

CSRC says some companies illegally sold shares to investors, promised they would be traded on OTC platforms.

Market Abuse

JP Morgan Fined for Trading Breaches

By Samuel Riding | 15/12/2015

Hong Kong SFC reprimands investment bank for short-selling, principal trading and dark pool failings.

Anti-Money Laundering

FATF to Introduce Special CTF Measures

By Samuel Riding | 15/12/2015

Special follow-up measures to be introduced in February alongside meeting to discuss stronger standards.

Market Abuse

India Clamps Down on Trading Manipulation

By Samuel Riding | 15/12/2015

Commodity brokers and traders will have to test systems and software in consultation with exchanges.

Supervision & Enforcement

Lost in the Twilight Zone – China’s Financial Regulation

By Peter Guy | 14/12/2015

China’s regulation through selective enforcement instead of improving compliance creates more problems than it solves.

Market Abuse

Poachers Turned Gamekeepers

By Samuel Riding | 08/12/2015

How algorithmic trading technology is helping regulators spot market malpractice.

KYC & CDD

Compliance Demands More Talent Than Ever

By Peter Guy | 08/12/2015

Staff turnover and increasing responsibilities are forcing banks to redefine the role of compliance managers.

Anti-Money Laundering

Hong Kong AML Breaches Surge

By Samuel Riding | 08/12/2015

SFC uncovers 81 anti-money laundering breaches in third quarter of 2015.