AML / KYC

New Zealand-China AML Operation Nets $31mn

24/08/2016

Forfeiture the largest ever in New Zealand and first related to crimes alleged to have occurred in China.

AML / KYC

Bangladesh Probes Trusts’ Tax Compliance, Sources of Funds

24/08/2016

Concerns raised by APG on money laundering, but decline in disclosures could be due to shrinking NGO funding.

AML / KYC

SEBI Eases Trading Restriction on Hundreds of Firms

24/08/2016

Several companies which had been barred from the securities market can now conduct transactions.

Securities / Derivatives

SGX to Add Market Cap Test to MTP Criteria

24/08/2016

Low value shares with higher market capitalisation show better liquidity and lower volatility, exchange says.

Capital / Liquidity

Vietnam Proceeding with Basel II After ‘Basel IV’ Misstep

24/08/2016

Consultant employed to work on earlier version of rules mistakenly applied more advanced requirements.

Capital / Liquidity

China to Further Tighten P2P Rules

23/08/2016

Businesses will need to adjust to platform limits; limits also placed on individual borrowing.

Market Infrastructure

SEBI Loosens Commodity Hedging Limits

23/08/2016

Norms for client code modifications also liberalised.

Market Infrastructure

Philippines’ Proposed Equity, Bond Exchange Merger Revived

23/08/2016

Regulator says it could approve the proposal as early as this November.

Capital / Liquidity

BSP Increases Pace of Rural Bank Closures

23/08/2016

Central bank has closed 15 lenders so far this year; aiming to strengthen local banks as presence of foreign institutions expands.