AML / KYC

BCBS Updates Correspondent Banking AML/CTF Guidelines

08/06/2017

BCBS (the Basel Committee on Banking Supervision) issued revised guidelines on AML/CTF (anti-money laundering/countering terrorist financing) measures in correspondent banking […]

Market Infrastructure

CFETS, HKEX Set up Bond Connect JV

08/06/2017

CFETS (the China Foreign Exchange Trade System) and HKEX (Hong Kong Exchanges and Clearing) announced the formation of a Hong […]

30 FIs to Join HK Cybersecurity Crisis Drill

08/06/2017

Thirty of the top financial institutions in Hong Kong have signed up to an upcoming cybersecurity crisis drill, it was […]

Singapore to Ease Rules for Robo-advisers

08/06/2017

MAS (the Monetary Authority of Singapore) launched a consultation on digital financial advice services, a.k.a. robo-advisers, including proposals to ease […]

Bank of Korea, FSS to Inspect Bank Loan Books

08/06/2017

Korea’s central bank and financial regulator will inspect the loan books of several top lenders amid increasing concern about the […]

Securities / Derivatives

Indian Market Manipulation Cases Surge to Record High

07/06/2017

SEBI (Securities and Exchange Board of India) inquiries into possible market manipulation hit a record high of 174 in the […]

Market Infrastructure

Pakistan Confirms Further Progress on IOSCO Principles

07/06/2017

SECP (the Securities and Exchange Commission of Pakistan) sent a report to IOSCO (the International Organization of Securities Commissions) this […]

Securities / Derivatives

Get Ready for Expanded OTC Derivatives Reporting – SFC

05/06/2017

The Hong Kong SFC (Securities and Futures Commission) issued a circular telling licensed corporations to ensure their systems are prepared […]

Capital / Liquidity

China State Council Issues Plans to Combat Financial Risks

05/06/2017

China’s cabinet, the State Council, last week announced details of inspections required to be carried out by regional and municipality […]