Fraud, Scams & Cybercrime

Indonesia to Fight Cybercrime with New Bank IT Rules

16/09/2015

Indonesia’s Financial Services Authority will soon revise its banking IT systems rules in an attempt to counter rising digital crime on banks.

Conduct, Culture & Accountability

ASIC Urges Licensed Entities to Resolve Compliance Issues

16/09/2015

The Australian Securities and Investment Commission has identified compliance failures by responsible entities and superannuation trustees.

Emerging Prudential Risks

Regional Banking Presents Risks to Financial Stability

15/09/2015

BIS issues a report describing the rise of regional banking in the Asia Pacific and the risks to financial stability it presents.

Custody & Infrastructure

Why Blockchain will Disrupt Banking: 7 Questions Banks in Asia are Asking

15/09/2015

Blockchain technology has not only interested the banks but regulators and market participants.

Trading & Investment

China Grants Foreign Central Banks Access to Onshore Yuan Market

15/09/2015

The People’s Bank of China (PBOC) has said it will allow foreign central banks to enter China’s onshore interbank foreign exchange market, in a move to further liberalise its currency regime.

Structural Regulation

Australia Commissions Capabilities Review of ASIC

11/09/2015

Australia’s government has commissioned a capabilities review to to examine, and make recommendations on how efficiently and effectively ASIC operates.

Structural Regulation

Pakistan Consults on New Broker Inspection Regime

11/09/2015

The Securities and Exchange Commission of Pakistan is planning to implement a new inspection regime for stock brokers in October.

Anti-Money Laundering

China Cracks Down on ‘Suspicious’ Forex Transactions

10/09/2015

The State Administration of Foreign Exchange has asked banks to manage forex transactions to identify suspicious cross-border fund transfers in a bid to ease pressure on capital outflows.

Payments & Settlements

Indonesia to Ease Banking Restrictions on Foreigners

10/09/2015

Indonesia’s Financial Services Authority will allow foreigners to open dollar savings accounts at local banks in a bid to further improve foreign exchange liquidity in the country.