Uncategorised

Regulation and the Buy Side’s Role in Liquidity

16/06/2016

Asian regulators are starting to consider how to minimise the risks in investment funds’ growing role as market makers.

AML / KYC

Bangladesh to Prosecute Staff Involved in USD81mn Heist

16/06/2016

11 central bank staff ask for different posts as finance ministry prepares criminal cases.

Market Infrastructure

State Street Fined Over Management of HK Tracker

16/06/2016

Cash balances in related party’s demand deposit accounts earned no interest over 4.5 years.

Market Infrastructure

AxiomSL, SAP Launch Regulatory Data Product

15/06/2016

Platform supports regulatory and risk reporting, data aggregation.

Market Infrastructure

ASIC Confirms ASX Meets Regulatory Obligations

15/06/2016

Conclusion based on surveillance assessments and engagement with HK, Singapore regulators.

AML / KYC

SWIFT to Beef up Spending on Security

15/06/2016

Board earmarks investment and staff to boost security after Bangladesh heist.

Market Infrastructure

SEBI Eyes Lower Mutual Fund TER Limit

15/06/2016

Regulator could eventually limit total expense ratios to 1.5 percent.

Ex-Postal Savings Bank Head Dies in Custody

15/06/2016

Tao Liming confessed in 2014 to taking bribes and embezzling public funds.

Market Infrastructure

PBOC to Allow FI Bankruptcies

14/06/2016

Deputy governor says orderly market exits for financial institutions should be encouraged.