Market Abuse

Chinese Legislature Reviews Securities Law Amendments

25/04/2017

Proposed changes include greater enforcement, punishment powers for CSRC.

Market Abuse

Ex CSRC Official Fined $73mn

24/04/2017

Feng Xiaoshu said to have made RMB248mn from illegal trades using family members’ accounts.

Operational Risk

Philippines to Ease Fund Derivative Rules

24/04/2017

Securities regulator also planning new investment management risk guidelines.

Structural Regulation

Pakistan Tightens Brokerage Rules

24/04/2017

Advisers have 6 months to meet new licensing regulations including capital, audit and accounting, and conduct requirements.

AI Risk & Governance

MAS Chief Cites Technology as Top Regulatory Priority

24/04/2017

Ravi Menon cites banks exit from some market segments, but says costs not sufficient reason for regulatory rollback.

Structural Regulation

Vietnam Allows Bank to Seek Majority Foreign Shareholder

24/04/2017

Saigon Commercial Bank already in talks but regulation could still prove a hindrance, CEO says.

Conduct, Culture & Accountability

ASIC Confirms Further ASX Review

21/04/2017

Regulator also eyeing conduct and culture; conflicts of interest, tech and market innovation risks.

Supervision & Enforcement

S.Korea Regulator to Focus on ‘Ex-post’ Supervision

21/04/2017

Governor tells foreign firms FSS will shift from ‘punitive and ex-ante supervision’ in ‘the Age of VUCA’.

Structural Regulation

Pakistan Board of Revenue Eyes Removal of Bank Tax Breaks

21/04/2017

Agency is also considering stiffer rules on banks’ provision of taxpayer information.