KYC & CDD

India Confirms NGO Contribution Requirements

27/04/2016

Banks must report foreign contributions to NGO accounts within 48 hours of receipt.

Cloud & Infrastructure

Japan’s FSA Establishes Fintech Panel

27/04/2016

Regulator says it is concerned Japan’s fintech development lags other advanced economies.

Trading & Investment

Thailand Begins Consultation on ‘Trigger Fund’ Rules

27/04/2016

Draft SEC rules cover information disclosure, professional ability and understanding of fund agents.

Liquidity Risk

Vietnam Banks Lobby to Delay Lending Restrictions

27/04/2016

Commercial lenders ask central bank to push back deadline from 1 January 2017.

Credit Risk

Shanghai CBRC Hits ICBC, BoC, HSBC with Mortgage Lending Ban

26/04/2016

Seven lenders face two-month ban due to ‘violations of lending rules’.

Structural Regulation

Indonesia to Introduce Micro VC Firms

26/04/2016

Financial services authority to also introduce tax incentives for start-ups.

Structural Regulation

RBI Consulting SEBI on P2P Regulation

26/04/2016

Deputy governor says central bank will create ‘concept note’, decide whether to regulate P2P.

Structural Regulation

SEBI Planning Paperless Intermediary Registration

25/04/2016

Brokerages, mutual funds, portfolio managers and others will be able to forego written applications.

Market Abuse

SGX Reveals Trading Irregularities after MAS Raids

25/04/2016

MAS and police raid at least four broking houses, take two remisiers for questioning.