Anti-Money Laundering

BSP Imposes $21mn Fine Following AML Failures

08/08/2016

Largest-ever fine imposed after USD 81M Bangladesh Bank heist on RCBC.

Trading & Investment

SEBI Drafts Algo-trading Framework Revision

08/08/2016

Indian regulator suggests mechanisms to limit HFT downside.

Structural Regulation

HKMA’s Executive Director Retires

08/08/2016

Esmond Lee retires effective 7 August.

Structural Regulation

IOSCO Study Refutes Reform Affects Market Decline

08/08/2016

Super-regulator says dealers have changed, denies link with regulation.

Trading & Investment

China Eyes CDS Market Launch

05/08/2016

Planned rules to offer protection for investors in Chinese bonds.

Credit Risk

SBP Revamps Bank, DFI Regulation

05/08/2016

The central bank frequently reviews and amends its framework to align with international practices.

Fraud, Scams & Cybercrime

India Launches Site to Curb Illegal Deposit Takers

05/08/2016

The site offers the public information about deposit-taking entities, handles complaints.

Structural Regulation

Indonesia, Malaysia Approve Equal Banking Access

04/08/2016

Agreement to reduce “inequality of access” in the two markets.

Payments & Settlements

PBOC Approves Clearing House for Third-party Payments

04/08/2016

Regulator aims to standardise standards and risk controls in online payments.