Enforcement

Enforcement

Shanghai Futures Exchange Flags Abnormal Market Behaviours

By Editors | 18/09/2017

More than half of abnormal transactions which require disciplinary action by futures exchange involve the frequent placing and cancellation of orders.

AML / KYC

Top PBOC Official Makes AML Powerplay

By Editors | 13/09/2017

Vice governor Yin Yong says central bank to ‘centralise’ work amid concerns about sanctions risk and meeting stricter international standards.

AML / KYC

Vietnam Central Bank Confesses Risk Monitoring, Inspection, Anti-corruption Failures

By Editors | 12/09/2017

Government Inspectorate says SBV should take action against individuals named in report; provincial and administrative units reminded to report all criminal activity.

Enforcement

ASIC Eyes Accountability for Algorithmic System Operators

By Samuel Riding | 11/09/2017

Regulator’s chairman says each algorithmic system must have designated individual responsible for design and outcomes, echoing new bank accountability regime.

AML / KYC

Taiwan Tightens Securities, Futures Firms’ Internal Control Requirements

By Samuel Riding | 07/09/2017

New regulations will require firms involved in securities and futures markets to set up separate  AML/CTF units, boost FSC inspection powers.

AML / KYC

SEBI Bars 19 Firms for Depository Receipt Market Manipulation

By Editors | 07/09/2017

Regulator says violations could make investors ‘lose faith in the Indian securities market and even good companies will find it extremely difficult to raise capital’.

Crypto / Digital Assets

Hong Kong Joins Singapore, US in Labelling Some ICOs as Securities

By Samuel Riding | 06/09/2017

SFC says some ICOs are either share, debenture or collective investment schemes; some traders in secondary market could be regulated entities.

AML / KYC

Top CBRC Adviser Flags Failures to Address Operational Risks

By Samuel Riding | 06/09/2017

CBRC chief adviser and former SFC chief Dr Andrew Sheng says regulation risks pro-cyclicality when real economy requires structural change.

Enforcement

BCBS Says Supervisors Should Boost Fintech Training, Regtech Use

By Samuel Riding | 04/09/2017

Taskforce says regulators will need to start upskilling staff; adopt artificial intelligence, machine learning and other tech to ensure effective supervision.