AML / KYC

US Regulators Flex Muscles in Asia

06/07/2017

Grip could be set to get even tighter if DOJ proposals on accessing documents, expanding AML predicates are implemented.

Capital / Liquidity

MAS Takes Next Step Towards Increased Powers

06/07/2017

Bill would allow regulator to compel firms to prepare recovery plans, enforce mandatory bail-ins for failing institutions.

Capital / Liquidity

New BSP Chief Eyes Cut to One of World’s Highest RRRs

06/07/2017

Philippine banks currently have to keep 20% in reserve; liquidity requirements were eased earlier this year.

Securities / Derivatives

ASIC – No Plans for Research Unbundling

06/07/2017

Regulator issues consultation on conflicts of interest, non-public information in sell-side research.

Capital / Liquidity

Korea Increases Efforts to Cut Back Consumer Debt

06/07/2017

Second-tier lenders required to increase loan-loss provisions by 50%; maximum mortgage LTV/debt-income ratios cut to 60%/50%.

Securities / Derivatives

HKMA to Help Support Banks’ Business – KPMG

04/07/2017

Report suggests financial stability issues are becoming less pressing, HKMA will encourage growth.

Securities / Derivatives

GFC Era Shadow Banking No Longer a Threat – FSB

04/07/2017

But report warns of new threats, not least liquidity risk from open-ended funds.

Enforcement

HK SFC, CSRC to Boost Stock Connect Supervision

03/07/2017

Regulators conducted 60 joint investigations in 1H16, taking total to 365 since Shanghai-HK link established in 2014.

Securities / Derivatives

IOSCO – Sri Lanka Regulator Urgently Needs Independence

03/07/2017

Report also finds outdated legislative, regulatory framework; says several sectors ‘largely unregulated’.