Articles by Editors
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Enforcement
Japan FSA to Set up Anti Cybercrime, Money Laundering Bureau
August 23, 2017Internal reorganisation acknowledges growing role of fintech, which will be regulated by FSA Planning and Coordination Bureau with enhanced powers.
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Australia & NZ
ISDA Urges EU Not to Force Local Clearing Post Brexit
August 23, 2017Trade organisation says move to local CCPs could push up initial margin costs by 20% or more; cites Australian equivalency model.
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AML / KYC
Indian Brokers’ AML Compliance Under Heightened Scrutiny
August 21, 2017SEBI warned nearly 500 entities on possible money laundering over the last financial year; conducted 245 investigations into illegal stock market activity.
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Asia-Pacific
Malaysia Launches Leverage Ratio Consultation
August 17, 2017Banks will be required to calculate leverage ratios as of June 30 this year in response to consultation before full requirement comes...
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Hong Kong
HK Auditing Brokers’ Protection of Client Assets
July 31, 2017Regulator cites weaknesses in internal account protection controls despite warnings; IOSCO report says HK due diligence to safeguard client rights […]
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AML / KYC
Korea Regulator Flags Weaknesses in Foreign Banks’ AML
July 31, 2017FSS reveals details of AML audits covering banks and other financial services providers, says to impose strict sanctions against regulatory […]
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Capital Regulation
Moody’s Gives China Banks a Boost, HK Lenders Not So Lucky
July 31, 2017Rating agency says banks in China enjoy a stable operating environment despite still-deteriorating asset quality as government policy efforts take […]
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China
China Financial Futures Exchange Ups Enforcement
July 31, 2017Exchange says it addressed more than 600 ‘abnormal trades’ in 1H17 and referred nine cases to the securities regulator; keeping […]
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Capital Regulation
HK Fund Dealing Desks Win OTC Capital Requirements Reduction
July 27, 2017OTCD regime seen to need further tweaks following responses to 2015 consultation; fund manager dealing desks win capital requirements reduction. […]
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Australia & NZ
ASIC Chief Sets out Firms’ Conduct Failings
July 27, 2017Chairman Greg Medcraft suggests firms aren’t linking conduct to other areas of risk; message might not be getting through to […]