AML / KYC

India, Abu Dhabi Regulators Ink Cooperation Pact

26/08/2016

SEBI has already signed 22 MoUs with other regulators; sent 44 assistance request to other jurisdictions in 2015/16.

Australian Treasurer Rejects Call for Banking Inquiry

26/08/2016

Scott Morrison says sector should focus on improving culture to prevent misconduct.

Singapore’s 1st ‘Front Running’ Prosecution

26/08/2016

Three defendants each charged with more than 100 offences.

Market Infrastructure

MAS Issues Payments Consultation

26/08/2016

Regulator proposes activity-based regime under single regulatory framework.

Capital / Liquidity

SBI to Raise $1.6bn in Tier 1 Capital

26/08/2016

Bank to issue USD- and INR-denominated Basel III-compliant perpetual debt.

Singapore Issues New Audit Measures

26/08/2016

Accounting regulator says approach aims to improve investor confidence.

Market Infrastructure

Chinese Affiliate of Dutch HFT Firm in CSRC Probe

26/08/2016

IMC says it is cooperating with regulator on inquiry into Shanghai-based operation.

Market Infrastructure

PBOC Financial Stability Head Moves to CSRC

26/08/2016

Sources say Xuan Changneng’s role is to assist securities regulator’s chairman.

AML / KYC

Hong Kong Grants 1st Stored Value Licences

26/08/2016

Five firms issued with licences under Ordinance introduced in November 2015.