Market Infrastructure

India Transforms Bank Branch Rules

19/05/2017

Regulation introduces concept of business correspondent-run ‘banking outlet’.

AML / KYC

CBRC Sets out Regulatory Agenda

18/05/2017

Regulator to look at possible bankruptcy regime for commercial banks, trust management, debt-equity swaps and microfinance.

AML / KYC

SEBI Investigating $5bn Penny Stock Scam

17/05/2017

Indian securities regulator has been using data analytics and surveillance to identify culprits.

Market Infrastructure

HKMA, PBOC Confirm Bond Connect

17/05/2017

Programme to launch with northbound trading only; rules to mirror those for overseas investors in inter-bank bond market.

Capital / Liquidity

Australian Treasury to Give Banks Preview of Levy Legislation

16/05/2017

Affected lenders will have a chance to comment on the draft legislation, official says.

Legal Privilege in Cross-Border Internal Investigations

16/05/2017

Case arising from RBS’s actions during the last financial crisis provides an object lesson.

AML / KYC

PBOC Sets up Fintech Committee, But No Sandbox

16/05/2017

Central bank to consider several of the measures mooted by head of science and technology department in March.

Market Infrastructure

Pakistan to Introduce Single Stock Options in 3Q

15/05/2017

Exchange expects move to increase market volume by 2-3x.

AML / KYC

Bangladesh to Tighten Mobile Remittance Rules

15/05/2017

Mobile financial services have grown from nothing to 14% of total remittances in just four years.