Market Abuse

Hong Kong-China to Share Stock Connect Broker, Trader Names

11/10/2017

SFC chief says move will enhance market transparency and surveillance, and improve efficiency in cracking down on malpractice.

Emerging Prudential Risks

China Banking Regulator Doubles Down, Again, on Systemic Risk

11/10/2017

CBRC says failure of regulators to identify risks amounts to ‘dereliction of duty’; urges lenders to sort out non-performing loans.

Cryptocurrency

Official Media Confirms China Bitcoin Ban Only Temporary

09/10/2017

Xinhua says authorities will introduce a licensing programme and stricter AML rules for cryptocurrency exchanges; ICOs also to become regulated.

Payments & Settlements

Singapore Enters 2nd Phase of Blockchain-based Payments Trial

09/10/2017

Trial has already been completed on interbank transfers; blockchain programme will be extended to include securities sector as well as payments.

Cybersecurity

Thai Banks Join up to Improve Cybersecurity

09/10/2017

Fifteen banks in Thailand have set up a group to tackle information technology stability and security and prepare for cyber-attacks.

Supervision & Enforcement

Malaysian Central Bank to ‘Name and Shame’ Rulebreakers

09/10/2017

Bank Negara Malaysia governor says it has shared the names of more than 400 individuals with banks in the country over the past three months.

KYC & CDD

Standard Chartered Guernsey-Singapore Transfers Under Investigation

09/10/2017

Authorities suggest bank may have conducted $1.4bn of transfers to Singapore to avoid being caught under Common Reporting Standard.

Anti-Money Laundering

Forensic Accountancy Programme Launched in Singapore to Combat Financial Crime

05/10/2017

Forensic accountancy qualification will be open to financial crime compliance and investigations professionals; ACRA to consider monitoring audit firms.

Anti-Money Laundering

China Raises AML Concerns About Non-financial Sectors

05/10/2017

PBOC will target areas including real estate intermediaries and jewelry sales, says will not disrupt ‘normal and legal’ cross-border transactions.