Financial Crime

Anti-Money Laundering

India Securities Regulator Revises Anti-Money Laundering Norms

By Editors | 13/03/2014

The Securities and Exchange Board of India has revised its anti-money laundering/countering financing of terrorism (AML/CFT) norms, requiring intermediaries to carry out risk assessment of clients.

Anti-Money Laundering

India Launches Export Data Processing and Monitoring System

By Editors | 05/03/2014

The Reserve Bank of India has launched a comprehensive integrated computerised system for effective compliance with requirements relating to exports.

Trading & Investment

Algorithmic Electronic Trading in APAC

By Editors | 03/03/2014

Algorithmic electronic trading strategies in Asia appear to be poised for continued growth; however, more consistent regulatory regimes are required to promote further development of the market.

Supervision & Enforcement

Australian Securities Regulator Calls for Tougher Penalties for White-Collar Crime

By Editors | 25/02/2014

The Australian Securities and Investments Commission has called for tougher penalties to combat corporate misconduct.

Anti-Money Laundering

Indonesia, Pakistan, Myanmar on FATF’s Gray List

By Editors | 24/02/2014

The Financial Action Task Force, the international body for setting global standards for combating money laundering and terrorist financing, kept the Asian countries on its gray list.

KYC & CDD

OECD Sets Global Standard for FATCA-Inspired Tax Information Exchange

By Editors | 19/02/2014

The Organization for Economic Cooperation and Development sets worldwide standard for tax information exchange among member countries.

Trading & Investment

Singapore Banks to Stop Setting Indonesia Foreign Exchange Reference Rate

By Editors | 18/02/2014

Banks in Singapore are to stop setting a reference rate for the Indonesian rupiah after March 27.

Market Abuse

Japan Regulator Seeks to Penalise Foreign Firm for Stock Manipulation

By Editors | 18/02/2014

The Securities and Exchange Surveillance Commission seeks to penalise Select Vantage Inc. for stock manipulation.

Market Abuse

World’s Top Financial Regulator Joins Global Foreign Exchange Probe

By Editors | 18/02/2014

The Financial Stability Board has stepped in to undertake its own investigation of foreign exchange benchmarks amid allegations of price manipulation.