Deloitte says regulators in the region also need to take a more joined-up approach as financial institutions outsource to jurisdictions with looser regimes.
Asia / Pacific Group also removes Pakistan, Taiwan and Vietnam from list of closely monitored countries after improvements in AML/CTF regimes.
Asia’s diverse information governance rules and sometimes insular institutions exacerbate MiFID 2 data challenge.
Regulation Asia discusses the latest trends in regulatory scrutiny of capital markets with Ulf Carlsson, general manager at Nasdaq in Hong Kong.
BEAR - Banking Executive Accountability Regime - would allow regulator to more easily ban directors and senior managers; influence remuneration policies.
Crisis group one of FSB’s main recommendations for CCPs; joint study warns on interconnectedness, concentration.
How regulatory and financial institutions are bringing the fintech ecosystem together.
MAS has privately told banks it will alter the implementation timelines for several regulations including FRTB, Regulation Asia can reveal.
Stiffer requirements for retail dealing in unlisted derivatives; licensing exemption for remote clearing members.