Payments & Settlements

China, Japan Revive Crisis Currency Swap Deal

13/01/2016

Original agreement on RMB-JPY swap in the event of a financial crisis was allowed to expire in 2013.

Conduct, Culture & Accountability

ISDA Tightens Credit Event Committee Rules

12/01/2016

Members of determination committees required to declare conflicts of interest, detail internal voting procedures.

Trading & Investment

S.Korea Amends Private Fund Investment Law

11/01/2016

New category of private funds for professional investors to be allowed to invest in any asset type.

Structural Regulation

Thailand Proposes New REIT Lending Rules

11/01/2016

Securities regulator considers authorising real estate investment trusts to lend to subsidiaries.

Credit Risk

UPDATED – India Restricts Funds’ Corporate Bond Investment

11/01/2016

Securities regulator reduces individual company and sector exposure limits due to distressed debt concerns.

Market Risk

SAFE to Tighten Risk Control, Limits Some USD Purchases

11/01/2016

Foreign exchange regulator plans to boost risk controls, push regulatory reform and market development.

Structural Regulation

SZSE Revises Disclosure Requirements

11/01/2016

Shenzhen exchange introduces pre-announcement system for stake reductions by major shareholders.

Anti-Money Laundering

Pakistan Multiplies AML/CTF Efforts

08/01/2016

State bank fines increase more than 10-fold with 121 accounts shut down after government directions on AML/CTF.

KYC & CDD

RBI to Share KYC, AML Reports with Intelligence Bureau

08/01/2016

India’s central bank succumbs to pressure to share information on bank KYC, AML evaluations.