Trading & Investment

China Allows Domestic Investors to Buy Hong Kong Equity Research

26/04/2018

The CSRC has allowed certain types of Hong Kong brokerages to sell locally-focused research to Chinese mainland investors as it looks to further integrate the two markets.

Fraud, Scams & Cybercrime

Cambodia Warns Against Online Lending Firms

26/04/2018

Central bank says many online lending firms are not licensed, making the loans illegal.

KYC & CDD

RBI Updates KYC Guidance to Include Aadhar, Taxpayer Numbers

25/04/2018

Accounts opened without new documentary requirements will have severe restrictions in place including a INR50,000 maximum balance and monitoring to prevent foreign transactions.

Conduct, Culture & Accountability

FSB Publishes Toolkit on Combatting Misconduct

24/04/2018

Toolkit offers options on standards and codes of behavior, measures related to wholesale market conduct, guidance on compensation, and tools for strengthening governance.

Credit Risk

RBI Urges Lenders to Monitor Borrowers for Early Signs of Stress

24/04/2018

Central bank deputy governor says banks see non-payment as “on par” despite loan resolution framework; poor credit culture must change.

Anti-Money Laundering

Sri Lanka Affirms Commitment to Preventing Financial Crime

23/04/2018

As the country looks to increase grass-roots access to finance, it will require greater engagement with the international financial community, requiring greater focus on preventing financial crime.

Anti-Bribery & Corruption

Indonesia to Limit Cash Transactions to Curb Corruption

22/04/2018

Proposed bill will limit cash payments by corporations and individuals to a maximum of IDR100 million, or USD7,200.

Liquidity Risk

China Cuts Reserve Requirements for Banks

20/04/2018

Banks must use majority of cash freed up from 1% RRR cut to repay central bank loans; the rest can be used for small business loans.

Trading & Investment

HKEX Launches After Hours Market for Index Options

20/04/2018

HSI, HSCEI and Mini HSI will be tradeable between 5:15pm and 1:00am, with a trading halt mechanism in place to avoid extreme price movements.