Trading & Investment

India Considering Additional HFT Surveillance Requirement

19/05/2016

Regulator also looking into speed bumps, order randomisation, trade bunching and limiting colocation access.

Cybersecurity

HKMA Launches Cybersecurity Initiative

19/05/2016

Programme to cover cyber resilience assessment, professional development and information sharing.

Trading & Investment

RBI Confirms FPIs Will Be Able to Invest in Unlisted Securities

18/05/2016

Central bank circular also details rules for allowing investment in securitised debt.

PEPs & Sanctions

US Removes Myanmar Banks from Blacklist

18/05/2016

OFAC also adds two lenders to general license, says ‘most transactions’ involving all Burmese FIs now authorised.

Structural Regulation

Taiwan FSC Proposes Extensive Financial Markets Reform

18/05/2016

Regulator concludes investors face much higher costs and taxes than in rival markets.

Conduct, Culture & Accountability

HSBC Accepts ASIC Undertaking on Structured Product Sales

18/05/2016

Bank required to remediate clients who may have received ‘deficient advice’.

Cybersecurity

JP Morgan Restricts SWIFT Access

18/05/2016

Bank takes precaution after security breaches related to Vietnam and Bangladesh banks.

Capital Adequacy

ICBC Extends AxiomSL Deployment to CRS, FATCA

17/05/2016

Platform initially deployed in 2013 to Basel and local regulatory requirements.

Conduct, Culture & Accountability

SEBI to Strengthen Penalties for Disclosure Rule Violations

17/05/2016

Property and bank accounts of promoters who repeatedly flout rules could be seized.