Malaysia

Malaysia SC to Revamp Trustee, Custodian Framework

By Samuel Riding | 13/10/2016

New framework designed to assure investor protection, enable trustees to expand service.

AML / KYC

Updated – MAS Shuts Falcon Bank Singapore Operations

By Samuel Riding | 11/10/2016

Swiss regulator claims USD3.8bn of 1MDB money went via Falcon; MAS also fines DBS, UBS for control failures.

AML / KYC

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.

AML / KYC

Australian Banking Inquiry – ANZ Denies Links to 1MDB Scandal

By Samuel Riding | 05/10/2016

CBA acknowledges “poor customer outcomes”, failed to commit on victims’ compensation.

AML / KYC

Emerging Asia Heads Decline in Banks’ Relevance – EY

By Samuel Riding | 27/09/2016

Lack of trust one of the main factors turning consumers away from traditional banks, report suggests.

Market Infrastructure

Malaysia Regulator to Form VC, PE Working Group

By Samuel Riding | 21/09/2016

Securities Commission to also release list of entities able to offer peer-to-peer financing.

Market Infrastructure

Update: Indonesia Outlines Fintech Regime

By Samuel Riding | 06/09/2016

Central bank to oversee payments sandbox; OJK to regulate other services.

Malaysia’s RHB Banking Group Upgrades to Kamakura Suite of Risk Tools

By Samuel Riding | 25/08/2016

NEW YORK, August 22, 2016: Kamakura Corporation reported Monday that it has signed an upgrade to the Kamakura Corporation suite […]

AML / KYC

BNM Closes Book on 1MDB

By Samuel Riding | 15/08/2016

Malaysian central bank says it will not reopen investigations.