FATF Prioritising Terrorist Financing and De-risking

16/10/2015

President of money laundering task force sets agenda at Compliance Forum on SIBOS Day 2

Japan Launches New Payment and Settlement System

15/10/2015

The Bank of Japan has launched its renewed payment and settlement system BOJ-NET, its latest efforts to internationalise the Japanese yen,

Hong Kong, China to Strengthen Information Exchange

15/10/2015

Hong Kong’s Securities and Futures Commission is looking to strengthen information sharing and cooperation with the China Securities Regulatory Commission to guard against market misconduct.

S. Korea Probes Four Foreign Banks on Derivatives

15/10/2015

The Financial Supervisory Service is looking into the derivatives transactions of four foreign banks which have jumped abnormally amid a gradual decline among other banks since since last year.

Indonesia to Impose Capital Surcharge on D-SIBs

15/10/2015

Indonesia’s Financial Services Authority is proposing a draft regulation that will require the country’s most important banks to set aside more capital as a buffer against financial market volatility.

Hong Kong to Introduce New Commodities Contracts

14/10/2015

Hong Kong Exchanges and Clearing plans to introduce London Nickel Mini Futures, London Tin Mini Futures and London Lead Mini Futures contracts.

Securities / Derivatives

Thailand Consults on Revised Crowdfunding Rules

14/10/2015

Thailand’s Securities and Exchange Commission is seeking public comments on proposed revisions to crowdfunding rules which have been in effect since May 2015.

SFC Chairman Pushes for OTC Derivatives Reform

14/10/2015

The chairman of the Securities and Futures Commission says there is no room for delay in the implementation of OTC derivatives reforms as international standards need to be met.

Hong Kong Refines Information Exchange Proposal

14/10/2015

Hong Kong’s Government will refine the legislative proposals for implementing the new international standard on Automatic Exchange of Financial Account Information in Tax Matters.