Ajay Shamdasani

Ajay Shamdasani is a senior staff writer with Thomson Reuters Regulatory Intelligence in Hong Kong. He covers regulatory developments in Hong Kong, India and South Korea. He also writes about money laundering, fraud, corruption, data privacy and cybercrime.
Better access to licensing information held by Hong Kong's Securities and Futures Commission ("SFC") will make life easier for compliance and legal staff at the territory's banking and...
2017年5月5日
The Hong Kong government, along with the territory's three major financial regulators, released a final report on Thursday, 6 April following a public consultation on the local...
2017年4月7日
Recently proposed amendments to Hong Kong's professional investor regime should benefit compliance and legal professionals since they reflect evolving market practice, industry officials...
2017年3月23日
The risk-based approach to anti-money laundering and know-your-customer compliance is not without its problems, especially in the context of client onboarding and transaction monitoring, a senior...
2017年3月23日
Trade-based money laundering ("TBML") continues to be a growing concern to the Financial Action Task Force ("FATF") and regulators in Asia, a consultant said. Enhanced due diligence ("EDD") on...
2017年1月26日
A recently announced regime for mapping managers in charge of financial firms' regulated activities in HongKong will be a burden to locally-based compliance and legal staff, sources said....
2016年12月20日
Hong Kong's securities regulator issued two restriction notices on Friday, 16 December, to Interactive Brokers LLC ("IBLLC") and Interactive Brokers Hong Kong ("IBHK"), after it...
2016年12月20日
Hong Kong's capital markets regulator has launched a three-month consultation period on proposals to enhance the regulation of the asset management industry and point-of-sale...
2016年11月25日
Firms should always assume that they have been the victims of cyber crime and that their systems have been hacked, a Hong Kong police official said. Dicky Wong, a Royal Hong ...
2016年11月11日
More details need to be discussed and determined before Hong Kong's audit profession can have a truly independent regulator, the professional body governing its accounting sector said.  The...
2016年11月4日
The Asia Securities Industry & Financial Markets Association ("ASIFMA") recently published guidelines for a more balanced approach to the use of powers of attorney by senior institution-members...
2016年10月27日
John Leung, Hong Kong’s commissioner of insurance, said during a keynote address on Thursday, 20 October, that his regulatory body – the Office of the Commissioner for Insurance ("OCI...
2016年10月27日
The recent five-year ban from Hong Kong's securities regulator against the founder of US-based short-seller Citron Research for market manipulation, should put compliance and legal staff on...
2016年10月27日
Banks stand to benefit from considerable cost savings and from the automation of compliance tasks in the years ahead, as markets and regulators continue to embrace FinTech developments, according to...
2016年10月6日
Hong Kong's financial institutions have better corporate governance than most other corporations in the territory, according to a report. In a PwC study of 230 listed companies on the...
2016年10月4日
Reliance on outdated compliance processes which fail to take into account advances in technology is likely to pose significant problems for firms at a time of frequent cyber attacks, officials said....
2016年10月4日
A proposed rule change to liberalise and clarify exemptions from intermediary registration for persons outside the US by the Commodity Futures Trading Commission ("CFTC") may benefit Asian...
2016年9月2日
Proposed amendments to Hong Kong's listing rules and a difference of opinion between regulators and the stock exchange over how to proceed have highlighted the challenges that must be...
2016年8月15日
Expected new guidelines from Hong Kong's banking regulator to ease regulatory requirements for account opening may lead to greater clarity but will not significantly lessen know your customer...
2016年8月15日
Financial institutions should worry about the anti-money laundering ("AML") issues that the UK Bribery Act (2010) gives rise to despite the law having been in effect for just over five years, lawyers...
2016年8月4日
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