United States

Fraud, Scams & Cybercrime

Philippine SEC Seeks Banking Secrecy Exemption

By Samuel Riding | 28/12/2016

Secrecy law is the only issue preventing regulator from joining IOSCO.

Anti-Money Laundering

Malaysia – 2016 in Review

By Samuel Riding | 22/12/2016

Regulators sought to move past the 1MDB scandal, introducing fintech and regtech initiatives

Structural Regulation

Greater Mekong Region – 2016 in Review

By Samuel Riding | 19/12/2016

Small markets working together to create a big difference through banking integration, fintech innovation.

Market Abuse

Thailand Introduces Stiff Penalties for Market Malpractice

By Samuel Riding | 14/12/2016

Offenders could face substantial financial penalties and 10-year bans.

Fraud, Scams & Cybercrime

Bangladesh Bank Officials Said Involved in $81mn Heist

By Samuel Riding | 13/12/2016

Investigation finds central banks own officials connived to steal money.

Structural Regulation

Thailand ‘Sandbox’ to Allow 3 Fintech Services

By Samuel Riding | 08/12/2016

Regulator to allow work on private funds, investment advice, clearing and settlement.

Market Risk

APRA, HKMA Confirm Variation Margining Implementation

By Samuel Riding | 07/12/2016

Implementation on margining and risk mitigation requirements to begin as set out under Basel III in both jurisdictions.

Fraud, Scams & Cybercrime

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.

Anti-Money Laundering

Philippines Set to Boost AML Council Powers

By Samuel Riding | 02/12/2016

Strengthened AML Act would include power to immediately freeze accounts.