India

Market Abuse

India’s NSE Launches HFT Forensic Audit

By Samuel Riding | 19/10/2016

Deloitte asked to looking into audit systems, investigate brokers and officials amid ‘fair access’ violations.

Anti-Money Laundering

Indian Investigators Probe P-Note Data

By Samuel Riding | 13/10/2016

Regulator hands over list of beneficial owners and transfer trails for P-note investments.

Trading & Investment

SEBI to Tighten Investment Adviser Rules

By Samuel Riding | 10/10/2016

Revisions aim to address gaps and overlapping laws and standard regulations

Fraud, Scams & Cybercrime

India Calls Top Brokers to Account

By Samuel Riding | 07/10/2016

Show cause notices issued to brokers for alleged involvement in USD853mn spot exchange scam.

Credit Risk

India’s Finance Ministry, RBI Revisit Bad Loan Plans

By Samuel Riding | 07/10/2016

Finance secretary says idea of ‘bad bank’, opposed by ex-governor, can resolve stressed assets problem.

Market Abuse

Former Mega Bank Chairman Arrested in Taiwan

By Samuel Riding | 05/10/2016

Ex-chairman alleged to have offloaded stock in advance of US fine.

Anti-Money Laundering

Taiwan FSC Chairman Steps Down Amid Mega Scandal

By Samuel Riding | 04/10/2016

FSC vice chairman also quits, chairman to be replaced by Huang Tien-mu.

Anti-Money Laundering

US Regulator Finds Lapses at Another Mega Bank Branch

By Samuel Riding | 03/10/2016

Mega Bank now under scrutiny for suspect transactions between Chicago and Panama.

Supervision & Enforcement

HKMA Issues Guidelines on Penalties for OTC Rule Breaches

By Samuel Riding | 03/10/2016

Authority says it will not automatically link fines with profit gained, loss avoided from breaches.