Samuel is Regulation Asia's former managing editor and currently serves as an editorial advisor. samuel@regulationasia.com
Australian Banks Face US Civil Action on Alleged Rate Rigging
19/08/2016
Civil claim accuses lenders of racketeering, wire fraud and collusion; cites ASIC investigations.
Market Infrastructure
HKEX to Introduce Volatility Control Mechanism on 22 August
19/08/2016
System aims to prevent extreme volatility from trading errors, other incidents.
Japan Moots 20-year Savings Account Tax Break
19/08/2016
Nippon Individual Savings Accounts currently enjoy 5-year tax moratorium.
AML / KYC
SEBI Orders AIFs to Establish Dispute Mechanisms
19/08/2016
Regulator has already instigated platform allowing investors to lodge complaints.
Capital / Liquidity
Philippines Removes ‘NBQB’ Loan Registration Requirements
19/08/2016
Rule making it easier for non-banks with quasi-banking functions to borrow offshore takes effect on 15 September.
Capital / Liquidity
Global Regulators Turn Focus to CCPs
19/08/2016
CPMI-IOSCO and FSB issue series of reports addressing the risks posed by central counterparties.
Balding Bearish on Shenzhen-Hong Kong Stock Connect
18/08/2016
Renowned commentator Christopher Balding reacts to confirmation of second cross-border trading link.
Crypto / Digital Assets
ASX Advances Blockchain Development
18/08/2016
Permission-based network due to replace electronic sub-register.
AML / KYC
India Penalises Cooperative Banks for KYC Failures
18/08/2016
Four lenders fined for violating KYC and other regulations
Capital / Liquidity
OJK Eyes Loan-rule Easing to Boost Consumption
18/08/2016
Regulator says banks’ bad loan risks are manageable; could permit down payment-free home loans.
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