Market Infrastructure

RBI to Draft Guidelines for ‘Niche’ Banking

30/08/2016

India’s central bank aims to move away from universal bank model; boost financial inclusion.

IOSCO Issues CIS Fees Guidance

29/08/2016

Report suggests best practice based on review conducted in 2015.

Capital / Liquidity

Half of FSB Members Have Not Set VM Requirements

29/08/2016

Financial Stability Board calls for urgent steps to be taken to implement reforms.

HK Tribunal Finds Short Seller Guilty of Market Misconduct

29/08/2016

Ruling on research report could add to fears of chilling effect after case against Moody’s.

Capital / Liquidity

RBI Issues Directions for NBFC

28/08/2016

‘Master Directions’ include rules on NBFC accepting client deposits and standalone primary dealers.

Market Infrastructure

Thailand to Enhance Securities Account Custody Rules

28/08/2016

Revisions would allow intermediaries to place client assets in more product types.

AML / KYC

Taiwan to Strengthen AML Law

26/08/2016

Cabinet drafts bill which would increase penalties, introduce asset seizures.

Capital / Liquidity

Foreign Portfolio Investment in Vietnam Hits Record High

26/08/2016

Stock exchange market cap of $71.3bn represents 38% of GDP, a 6-year high.

Capital / Liquidity

RBI Proposes ‘Large Exposure’ Framework

26/08/2016

Framework would align exposure norms with BCBS recommendations.