Financial Crime

    Reporting & Disclosures

    Tougher Enforcement, Regulation on ESG Funds a “Wake-up Call”

    By ESG Investor | 03/07/2022

    DWS whistle-blower Desiree Fixler welcomes enforcement action as necessary to deal with greenwashing.

    Market Abuse

    SEBI Fines NSE, Officials, Brokers in Colocation Case

    By Editors | 02/07/2022

    SEBI fined the NSE, five officials, Sampark Infotainment, two brokerage firms and nine other individuals connected to the case.

    Anti-Money Laundering

    Limited Progress Made on Travel Rule Implementation: FATF

    By Editors | 01/07/2022

    Jurisdictions have made “only limited progress” over the last year to implement the travel rule in the crypto industry, the FATF says.

    Cryptocurrency

    MAS Reprimands Crypto Hedge Fund Three Arrows Capital

    By Editors | 01/07/2022

    MAS said Three Arrows Capital exceeded its allowable AUM and gave the regulator a false representation. The company entered into liquidation this week.

    Anti-Money Laundering

    FATF Seeks Views on Improvements to Recommendation 25

    By Editors | 30/06/2022

    The review is intended to improve Recommendation 25 and its Interpretive Note to better meet its stated objective to prevent the misuse of legal arrangements.

    Anti-Money Laundering

    EU Lawmakers Agree on AML Framework for Crypto

    By Manesh Samtani | 30/06/2022

    Crypto asset service providers will be required to implement customer protection measures and robust AML/CFT safeguards including the travel rule.

    Conduct, Culture & Accountability

    US SEC Fines EY for Employee Cheating on CPA Exams

    By Editors | 30/06/2022

    The settlement is largest penalty the SEC has ever imposed against an audit firm, double KPMG’s 2019 penalty.

    KYC & CDD

    Canadian Banks Collaborate on KYC Utility Project

    By Editors | 30/06/2022

    The five banks will collaborate with CanDeal Group to create a common data and regulatory experience for the industry.

    Conduct, Culture & Accountability

    ASIC Wins Appeal Against Payday Lenders Cigno, BHF Solutions

    By Editors | 30/06/2022

    ASIC is now considering using its broader product intervention powers to address consumer detriment in continuing credit contracts.

    Emerging Prudential Risks

    SFC Reviewing Market Practices to Guard Against Risk

    By Manesh Samtani | 30/06/2022

    Reviews underway cover concentration risk in OTC derivatives markets, risk management at futures brokers, and block trading practices.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.