AML / KYC

Philippines Moots ‘Hard Regulations’ for Bitcoin

04/06/2016

Central bank official says exchanges currently seen as equivalent to remittance providers.

AML / KYC

CSRC Warns on Private Fund Sales to Retail Investors

03/06/2016

Regulator clamping down on practice of slicing off portions of private funds for sale.

ASIC Eases Path to New Tax Systems for Investment Trusts

03/06/2016

Managed trusts can change constitutions without holding members’ meetings.

AML / KYC

RBI Tells Banks to Implement Cybersecurity Plans

03/06/2016

Financial institutions told to put plans in place immediately, categorise their level of risk.

Market Infrastructure

Vietnam Ends Foreign Currency Loan Ban

02/06/2016

Foreign banks can offer short-term foreign currency loans again after 2-month ban.

Market Infrastructure

CFTC Issues ‘No Action Letter’ on Shanghai Clearing House

02/06/2016

SHCH had not registered as derivatives clearing organisation, is applying for exemption.

Market Infrastructure

CBRC Tells Banks to Check ‘Shadow Loans’ Exposure

02/06/2016

Regional branches of banking regulator ask lenders to check off-balance sheet business, assets.

Market Infrastructure

HKEx, SFC to ‘Fine-tune’ IPO Regulations

02/06/2016

SFC could become ‘last gatekeeper’ in IPO process, also set to review back-door listings.

Uncategorised

New Frontiers in Regtech

01/06/2016

Technology is proving its value beyond KYC and AML and improving both compliance and regulatory oversight.