AML / KYC

Korea Regulator Flags Weaknesses in Foreign Banks’ AML

31/07/2017

FSS reveals details of AML audits covering banks and other financial services providers, says to impose strict sanctions against regulatory […]

Capital / Liquidity

Moody’s Gives China Banks a Boost, HK Lenders Not So Lucky

31/07/2017

Rating agency says banks in China enjoy a stable operating environment despite still-deteriorating asset quality as government policy efforts take […]

Securities / Derivatives

China Financial Futures Exchange Ups Enforcement

31/07/2017

Exchange says it addressed more than 600 ‘abnormal trades’ in 1H17 and referred nine cases to the securities regulator; keeping […]

Capital / Liquidity

HK Fund Dealing Desks Win OTC Capital Requirements Reduction

27/07/2017

OTCD regime seen to need further tweaks following responses to 2015 consultation; fund manager dealing desks win capital requirements reduction. […]

Enforcement

ASIC Chief Sets out Firms’ Conduct Failings

27/07/2017

Chairman Greg Medcraft suggests firms aren’t linking conduct to other areas of risk; message might not be getting through to […]

AML / KYC

China CRS Less Burdensome than Expected

27/07/2017

But law firm warns that CRS elsewhere is likely to have greater impact on Chinese residents, particularly those who invest […]

Securities / Derivatives

Vietnam Regulator Cleans Up Markets in Advance of Derivatives Regime

26/07/2017

State Securities Commission shuttered 28 firms and withdrew brokerage business licenses from another 13 institutions in 1H17; derivatives launch set […]

Market Infrastructure

AFCA Eyes Stronger Capital Markets, Better Risk Management at Asian Banks

26/07/2017

Beijing-based Association will lobby supranational regulatory bodies and push for better risk management and conduct at Asian financial institutions. The […]

Capital / Liquidity

MAS Issues Capital Adequacy Consultation

26/07/2017

Revised Notice 637 on banks’ capital requirements set to bring Singapore in line with Basel III, starting from January next […]