Capital / Liquidity

China’s Biggest Banks to Set up Financial Inclusion Units

04/05/2017

Banks should set up ‘inclusive finance’ divisions by year-end; lending to small enterprises will be incentivised.

Market Infrastructure

Pakistan Issues Agricultural Commodity Collateral Management Rules

04/05/2017

Regulations are designed to promote lending to agricultural sector, boost financial inclusion.

Securities / Derivatives

Trades with Vietnam, Pakistan, Taiwan to be Exempt from HK OTC Reporting Requirements

28/04/2017

Securities law won’t be amended until October; firms asked to contact regulators if they cannot meet 1 July deadline.

Securities / Derivatives

Regulatory Imperatives on Asia’s Derivatives Frontier

27/04/2017

The right regulatory framework and local expertise will be essential as new markets develop.

Capital / Liquidity

BIS Issues Basel III Report Card

27/04/2017

Five of 8 APAC jurisdictions covered in report have yet to legislate for Pillar 3 disclosure requirements.

AML / KYC

HKMA Eyeing KYC Utility

27/04/2017

Deputy chief executive acknowledges heightened due diligence on account opening has harmed Hong Kong’s reputation.

AML / KYC

SEBI Confirms Introduction of Commodity Options

27/04/2017

Other new initiatives cover equity/commodity licensing unification; mutual fund purchases via e-wallet.

AML / KYC

Bitcoin Forum Reveals PBOC Rectification Order

26/04/2017

Exchanges told to adhere to regulations on securities, futures and forex; tighten AML controls.

Securities / Derivatives

Australian Parliament Confirms Bank Reform Proposals

26/04/2017

Stronger breach reporting requirement includes naming responsible senior executives.