AML / KYC

Philippines Banking Association Eyes Financial Crime Unit

17/03/2016

Incoming BAP president to consider predecessor’s recommendation for AML, CTF committee.

India Allows FPIs to Invest in Defaulted Bonds

16/03/2016

Securities regulator also allows foreign portfolio investors into REITs, infrastructure investment trusts and AIFs.

Market Infrastructure

BCBS Proposes Overhaul of Capital Disclosure Rules

16/03/2016

Committee wants large banks using internal models to provide standardised comparison with smaller peers.

CBRC to Target Illegal Fundraising by Online Brokers

16/03/2016

Banking regulator to strengthen regulation, ramp-up inspections and increase penalties.

Securities / Derivatives

SFC to Propose ‘See-through’ Investor Identification

10/03/2016

System would allow regulator to see beyond broker transactions to identify instructing investors.

Market Infrastructure

Australian Banks ‘Resilient’, RBA Says

09/03/2016

Central bank deputy governor says economy and banking system can withstand substantial drop in house prices.

Securities / Derivatives

Details of China’s New Interbank Bond Regime Expected this Month

09/03/2016

Foreign investors will have no quotas so long as they are on-boarded and have applications filed by agent banks.

Securities / Derivatives

SFC Cuts Retail Investors from Ownership Principles

08/03/2016

Only minor changes made to best-practice guidelines after public consultation.

Market Infrastructure

Myanmar Grants 4 Foreign Bank Licenses

08/03/2016

State Bank of India in second group of foreign lenders allowed to operate in the country.