New market conduct rules to be implemented over next few weeks; Violators can be barred from operating or fined up to 1mn baht per day.
January 20, 2018Securities regulator says current maximum punishments are not sufficient as they don’t wipe out gains made from illicit activity.
October 25, 2017About 40% of individuals to have registered under MIC so far are unlicensed as they are in charge of operations or control functions, SFC says.
October 19, 2017New regulations will require firms involved in securities and futures markets to set up separate AML/CTF units, boost FSC inspection powers.
September 7, 2017Only 60% of bonuses to be paid up front, remaining 40% to be paid out over three years but can be cut or clawed back if investments lose money.
September 4, 2017APRA inquiry to look at whether governance, culture and accountability frameworks conflict with ‘sound risk management and compliance outcomes’.
August 29, 2017Macquarie follows Big 4 lenders in promising to fix and monitor conduct by forex traders.
May 22, 2017Case arising from RBS’s actions during the last financial crisis provides an object lesson.
May 16, 2017Speakers at recent Institute of Bankers conference discuss cybersecurity, AML/CTF, and more.
October 14, 2016