Market Infrastructure

HKMA Moves to Reduce LIBOR-related Reporting Frequency

24/12/2021

The move from monthly reporting back to quarterly reporting means the next reporting position after December 2021 will be March 2022.

Enforcement

US Authorities Criminally Convict NatWest on Spoofing Charges

24/12/2021

NatWest traders engaged in schemes to defraud in connection with spoof orders designed to profit from manipulation of the US Treasury securities and futures markets, the DOJ said.

AML / KYC

HKMA Asks Banks for ‘Active Participation’ in CDI Initiative

23/12/2021

The HKMA is seeking to link the new CDI to the Commercial Credit Rating Agency and Companies Registry to enhance risk management in the banking industry.

Securities / Derivatives

Taxing Securities Trades Will Reduce Competitiveness, says SET President

23/12/2021

SET president Pakorn Peetathawatchai Pakorn was responding to reports that the government is planning a 0.1 percent tax on securities trades.

Fintech / Regtech

Cambodia, Laos to Step Up Cross-Border Cooperation in 2022

23/12/2021

The National Bank of Cambodia and Bank of the Lao PDR will cooperate on payment innovation and cross-border connectivity, among other areas.

Press Release

Regulation Asia: Top 20 News Stories for 2021

23/12/2021

This list presents the most-read new stories published by Regulation Asia in 2021, based on aggregated user traffic analytics.

Press Release

Regulation Asia: Top Ten Contributed Articles for 2021

23/12/2021

This list presents the most-read contributed articles published by Regulation Asia in 2020, based on aggregated user traffic analytics.

AML / KYC

BSP Identifies Other Banks, Non-banks Involved in BDO Hack

23/12/2021

A BSP task force will submit recommendations to the Monetary Board by mid-January 2022, which may include sanctions and penalties for the involved banks.

Fintech / Regtech

SEBI Forms New Advisory Committee on Technology

22/12/2021

The new committee will issue recommendations on existing technology projects and propose new suptech and regtech tools to improve SEBI’s capabilities.