The HKMA and privacy commissioner have demanded security improvements after reporters were able to access top officials' credit reports through TransUnion's online service.
The BSP will require financial institutions to collect customers' unique 'PhilSys' ID numbers, and allow the use of technology to capture and record personal data.
Entities transacting in government securities, money markets and non-derivative forex markets will be required to have LEI codes, starting with larger firms in April 2019.
The RBI has reduced the holding time required for loans with maturities of over 5 years before they can be securitised.
CBIRC proposes more stringent supervision of foreign banks to improve “risk resilience” and customer protection, following the release of measures to further open up the banking industry.
The Net Stable Funding Ratio will apply to Indian banks on both a stand-alone and consolidated basis, and foreign banks on a stand-alone basis.
A new report by Singapore's AML/CFT Industry Partnership identifies key weaknesses of current approaches that can be addressed with data analytics and greater industry collaboration.
Banks are most exposed to money laundering risks due to the innate characteristics of their products and services, according to an FSC review of the domestic financial industry.
The FSC found that Goldman Sachs conducted naked short selling worth about KRW 40 billion in late May. Naked short selling is prohibited in South Korea.