United States

Thailand Bans 11 Kasikornbank Staff in Fraud Case

By Samuel Riding | 05/12/2016

Probe finds bank has poor risk and data management, internal controls and compliance systems.

AML / KYC

Philippines Set to Boost AML Council Powers

By Samuel Riding | 02/12/2016

Strengthened AML Act would include power to immediately freeze accounts.

Uncategorised

Regtech in Asia – Regulators Playing Catch-up

By Samuel Riding | 29/11/2016

Regulators appear to be lagging behind market infrastructure and institutions in using technology.

AML / KYC

Philippines AML Council Files Charges Against RCBC Officials

By Samuel Riding | 24/11/2016

Regulator says officials should have acted on ‘red flags’ on Bangladesh heist money.

Capital / Liquidity

Sri Lanka Introduces Risk-based CAR for Brokers

By Samuel Riding | 24/11/2016

Regulator and exchange will prompt brokers before CAR reaches minimum threshold.

Reshaping Regulation – The Impact of Trump

By Peter Guy | 21/11/2016

Whatever US financial regulation looks like moving forward, it will reverberate worldwide.

JPMorgan Paying $264mn to Settle ‘Princelings’ Case

By Samuel Riding | 18/11/2016

US SEC says hiring of interns and other staff in Asia breached corruption act.

AML / KYC

Duterte Accuses BSP, AMLC of Recklessness

By Samuel Riding | 16/11/2016

Philippines president says regulators are not cooperating with government money laundering investigations.

AML / KYC

Philippines Finalises USD Securities Rules

By Samuel Riding | 15/11/2016

Regulator says move aims to increase capital without incurring forex risks.