Resolution & Recovery

Sumitomo to Issue TLAC Bonds

22/01/2016

Financial holding group’s bond designed to shore up banking arm’s regulatory capital.

Cybersecurity

IOSCO Simulates GEM Cyber Attack

22/01/2016

Growth and Emerging Markets Committee holds simulation involving more than 40 jurisdictions.

Structural Regulation

NSE Seeks Self-listing Approval

22/01/2016

SEBI does not normally allow exchanges to self-list, NSE wants to avoid listing on rival.

Anti-Money Laundering

Bank of China Hit by US Enforcement Action

22/01/2016

US currency comptroller’s action relates to deficiencies in currency transaction controls.

Structural Regulation

Japan, EU Making ‘Substantial Progress’ on Regulatory Cooperation

22/01/2016

Annual meeting cites concerns about impact of reforms on economic growth, updates on regulatory cooperation framework.

Reporting & Disclosures

Former SGX Head of Regulation Joins FSB Taskforce

22/01/2016

Yeo Lian Sim appointed to taskforce on climate-related financial disclosures.

Capital Adequacy

Basel III Pushes Up Costs at 50% of Hedge Funds: AIMA

21/01/2016

Survey finds 25% of alternative investment fund managers have seen costs rise more than 10 percent.

Structural Regulation

OJK Issues Alternative Financing Rules

21/01/2016

Indonesian regulator requires VC firms to establish legal entities, sets minimum capital requirements.

Supervision & Enforcement

SEBI Freezes Bank, Demat Accounts

21/01/2016

Indian securities regulator issues attachment order on Aspen Projects after illegal fund raising.