Securities / Derivatives

BSE India Commences Commodity Derivatives Trading

02/10/2018

The BSE has become the first stock exchange in India to offer commodity trading as it launches futures contracts in gold and silver.

Securities / Derivatives

HK Bourse Proposes to Suspend Firms with Disclaimer, Adverse Audit Opinions

02/10/2018

A trading suspension would be imposed if a listed company’s auditor has issued a disclaimer or adverse opinion on the company’s financial statements.

AML / KYC

Japan FSA Prioritises AML Measures Ahead of FATF Peer Review

01/10/2018

The FSA will conduct on-site inspections at financial institutions over the next 12 months, hoping to clean up its image with the FATF before it hosts the G20 summit next year.

Enforcement

Former CSRC Vice Chairman Jailed for 18 Years

01/10/2018

Yao Gang was sentenced for taking 70 million yuan in bribes from 2006 to 2015 and for pocketing 2.1 million yuan in insider trading gains.

Capital / Liquidity

RBI Tweaks Norms to Ease Bank Liquidity Crunch

28/09/2018

The central bank has increased the amount of government securities banks can put towards meeting LCR requirements.

Fintech / Regtech

Thailand’s Kasikornbank Joins Visa in Blockchain Payments Pilot

27/09/2018

Visa B2B Connect uses blockchain tech to enable faster, simpler and more secure processing of payments between participating banks on behalf of corporate clients.

Market Infrastructure

ASX Announces JP Morgan Launch of Agency Clearing Service

27/09/2018

Australian-domiciled clients will be able to keep AUD and NZD cleared derivatives within a single clearing house and legal construct, while leveraging local ASX infrastructure.

Capital / Liquidity

China Seeks to Boost Interbank Bond Issuances by Foreign Institutions

27/09/2018

PBOC and MOF have issued guidelines clarifying the requirements for foreign governments and institutions issuing interbank bonds in China.

AML / KYC

SEBI Relaxes KYC Norms for Indian Beneficial Owners of FPIs

26/09/2018

The latest circular allows Indians living overseas to hold only a non-controlling stake in an FPI entity, but permits them to fully control the investment manager in charge of its assets.