Supervision & Enforcement

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.

Conduct, Culture & Accountability

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.

Operational Risk

AxiomSL, SAP Launch Regulatory Data Product

15/06/2016

Platform supports regulatory and risk reporting, data aggregation.

Structural Regulation

ASIC Confirms ASX Meets Regulatory Obligations

15/06/2016

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

Cybersecurity

SWIFT to Beef up Spending on Security

15/06/2016

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

Trading & Investment

SEBI Eyes Lower Mutual Fund TER Limit

15/06/2016

Regulator could eventually limit total expense ratios to 1.5 percent.

Anti-Bribery & Corruption

Ex-Postal Savings Bank Head Dies in Custody

15/06/2016

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

Resolution & Recovery

PBOC to Allow FI Bankruptcies

14/06/2016

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

Trading & Investment

FIX Develops MiFID Reporting Protocol

14/06/2016

Protocol covers transmission of MiFID II transaction reports to approved mechanisms.