All posts tagged "enforcement"

• AML / KYC

  US Regulators Flex Muscles in Asia

  Grip could be set to get even tighter if DOJ proposals on accessing documents, expanding AML predicates are implemented.

  July 6, 2017
• Malaysia

  Malaysia Central Bank to Increase Enforcement Transparency

  BNM governor cites 15% of respondents to survey who said they would act unethically if not monitored.

  May 15, 2017
• Hong Kong

  HK SFC Warns on ‘Phantom’ Brokerages

  Executive director for intermediaries says regulator will sanction or ban dormant firms.

  May 8, 2017
• Capital / Liquidity

  HKMA Issues Annual Report

  Complaints against AIs up 9%, 1,729 cases completed; central bank warns on liquidity risk.

  May 4, 2017
• AML / KYC

  IOSCO Enhances Cross-Border Enforcement Cooperation

  New powers enable members to share and obtain audit work, internet records and phone records.

  April 3, 2017
• Australia & NZ

  ASIC Issues 2H16 Enforcement Report

  Regulator cites tackling ‘ailing confidence in market based system’ as a priority.

  March 8, 2017
• Hong Kong

  SFC Revokes Securities Firm License for ‘Egregious Conduct’

  Officers banned from the industry for using client money for personal use.

  December 16, 2016
• AML / KYC

  HK SFC Fined Firms $3.33mn in 1H16

  Disciplinary actions up 67%; civil proceedings rise 23%; completed investigations increase by 24%.

  December 9, 2016
• Jurisdictions

  Singapore Parliament Considers Boost to MAS Powers

  Amended bill would give more powers to the financial regulator, enhance regulatory safeguards.

  November 8, 2016
• AML / KYC

  Continuous Disclosure Tops ASIC’s Enforcement List

  33 percent of ASIC market integrity enforcements addressed listed firms' disclosure burden.

  August 10, 2016