Hong Kong Government and regulators have launched the first stage of a public consultation on establishing an effective resolution regime for financial institutions, including financial market infrastructures.
SWIFT announces the creation of a Know Your Customer (KYC) Registry for the collection and distribution of standard information required by banks as part of their due diligence process.
The Reserve Bank of India has selected the Clearing Corporation of India Ltd. (CCIL) to act as a Local Operating Unit (LOU) for issuing globally compatible Legal Entity Identifiers (LEIs) in India.
Bank Indonesia (BI) transfers banking regulatory and supervisory functions to Financial Service Authority (OJK).
The Monetary Authority of Singapore (MAS) has issued their response to the feedback on MAS Notice 637 and Covered Bonds Issuance by Singapore Banks.
The Commodity Futures Trading Commission (CFTC) has approved the Singapore Exchange (SGX) as a Derivatives Clearing Organization (DCO), making it the first of its kind in Asia.
The Commodity Futures Trading Commission (CFTC) has approved substituted compliance for six jurisdictions including Australia, Hong Kong and Japan.