Securities / Derivatives

Evolving AML and KYC Standards – Now an Integral Part of Financial Institutions

31/07/2015

Increasingly complex and co-dependent regulations and tax policies are changing the process of onboarding and monitoring clients and counterparties.

Urgency Required to Enact Global Data Standards, says DTCC

30/07/2015

The Depository Trust & Clearing Corporation has urged legislative and industry action to address three key obstacles it has identified that are hindering achievement of the G20 transparency goals.

MAS to Strengthen Dialogue with Financial Industry

29/07/2015

Creation of the new Financial Centre Advisory Panel aimed at strengthening dialogue and partnership with the financial industry.

Securities / Derivatives

Taiwan to Start Issuing Third-Party Payment Licenses in August

29/07/2015

Taiwan’s Financial Supervisory Commission plans to start issuing licenses for third-party payment services in August.

Singapore Regulator Creates FinTech & Innovation Group

28/07/2015

The Monetary Authority of Singapore has announced the formation of a new FinTech and Innovation Group within its organisation structure with effect from 1 August 2015.

China Financial Futures Exchange Signs MoU with Moscow Exchange

28/07/2015

The China Financial Futures Exchange and the Moscow Stock Exchange have signed a memorandum of understanding to deepen their partnerships and promote common development.

S. Korea Banks Step up Efforts to Retain Customers

27/07/2015

Korean Banks are stepping up customer retention efforts by offering benefits such as banking fee discounts and prime interest rates, in a bid to prevent them from moving their accounts to other banks.

India to Weaken Central Bank Monetary Powers

27/07/2015

Ministry of Finance releases draft regulation which would revamp the way the RBI sets monetary policy.

Basel Committee, IOSCO Publish Final Criteria for Securitisation Structures

27/07/2015

The Basel Committee on Banking Supervision and the International Organization of Securities Commissions have issued final criteria for identifying simple, transparent and comparable securitisation structures.