Financial Crime

Cloud & Infrastructure

When Regulations and Technology Clash

By Peter Guy | 26/10/2015

The ill-conceived pursuit of technology innovations by wealth managers and over cautious regulations are causing more uncertainty among clients.

Anti-Money Laundering

Indian Banks Face Scrutiny for Disclosure Lapses

By Editors | 21/10/2015

Several listed banks have come under the scrutiny of the Securities and Exchange Board and stock exchanges for violations of disclosure norms for listed firms.

Supervision & Enforcement

Financial Innovation Shouldn’t Fall Victim to Regulators’ Regrets

By Peter Guy | 20/10/2015

Some regulators regret that no bankers were imprisoned for their role in the 2008 financial crisis. But, is this realistic?

Operational Risk

APRA Releases FAQs on Super Fund Governance Consultation

By Editors | 19/10/2015

The Australian Prudential Regulation Authority has released a set of FAQs responding to questions raised in relation to its consultation package on super fund governance arrangements.

Anti-Money Laundering

China Targets “Black Banks” in Anti-Graft Campaign

By Editors | 19/10/2015

Crackdown on illegal lending and money-laundering operations in a bid to prevent outbound flows of stolen assets.

AI Risk & Governance

Reinventing Regulation

By Editors | 16/10/2015

Concern about regulation should take a backseat to discussions on how to reinvent the regulatory framework.

Anti-Money Laundering

FATF Prioritising Terrorist Financing and De-risking

By Editors | 16/10/2015

President of money laundering task force sets agenda at Compliance Forum on SIBOS Day 2

Market Abuse

Hong Kong, China to Strengthen Information Exchange

By Editors | 15/10/2015

Hong Kong’s Securities and Futures Commission is looking to strengthen information sharing and cooperation with the China Securities Regulatory Commission to guard against market misconduct.

Market Risk

S. Korea Probes Four Foreign Banks on Derivatives

By Editors | 15/10/2015

The Financial Supervisory Service is looking into the derivatives transactions of four foreign banks which have jumped abnormally amid a gradual decline among other banks since since last year.