Clearing & Post-Trade

SFC issues guidelines on CPSS-IOSCO Principles for financial market infrastructures

09/08/2013

(Hong Kong) The Securities and Futures Commission (SFC) today issued a set of guidelines for recognized clearing houses concerning the […]

Anti-Money Laundering

Many Hong Kong institutions not ready for FATCA

09/08/2013

Hong Kong’s banks should put to good use the recent decision by the U.S. Treasury to delay the implementation of the Foreign Account Tax Compliance Act (FATCA), said a local industry official.

Conduct, Culture & Accountability

Instinet Australia Pty Limited pays $130,000 infringement notice penalty

09/08/2013

Instinet Australia Pty Limited (Instinet) has paid a penalty of $130,000 to comply with an infringement notice given to it […]

Trading & Investment

Hong Kong companies urged to ensure Islamic bond compliance

09/08/2013

With Islamic finance finally taking root in Hong Kong, compliance and legal staff at the territory’s financial institutions offering sukuk, or Islamic bonds, must ensure that their structures conform to the law, said a local lawyer. Doing so was essential, he said, to obtaining preferential tax treatment.

Structural Regulation

Japan Agreement with Luxembourg on Audit Oversight

09/08/2013

The Financial Services Agency (FSA) and Certified Public Accountants and Auditing Oversight Board (CPAAOB) exchanged the Letter on cooperation in […]

Conduct, Culture & Accountability

New Zealand: Code of Conduct consultation underway

09/08/2013

The Code Committee for Financial Advisers is conducting its first review of the Code of Professional Conduct for Authorised Financial […]

KYC & CDD

US & Japanese Issue Statement on FATCA

09/08/2013

The US and Japanese authorities have issued a joint statement to facilitate the implementation of the Foreign Account Tax Compliance […]

Trading & Investment

Industry Speaks About Regulation in Asia

09/08/2013

Fidessa group plc (LSE: FDSA) has today announced the publication of its latest discussion paper, Harmony or Discord?, which looks […]

Capital Adequacy

Korea Basel III Implementation Set to Being in December

31/07/2013

The Financial Services Commission and the Financial Supervisory Service jointly announced that the implementation of the Basel III capital framework […]