AML / KYC

AUSTRAC Flags AML/CTF Compliance Weaknesses

09/03/2017

Centre identifies failures in risk assessments, outsourcing and governance.

Capital / Liquidity

New Zealand to Review Bank Capital Framework

08/03/2017

Review to consider definition of capital, risk measurement, minimum capital and buffers.

Capital / Liquidity

S.Korea Banks Boost Capital

08/03/2017

Increase likely to be a reaction to allowing attribution of loan-loss provisions to regulatory capital.

Market Infrastructure

ASIC Issues 2H16 Enforcement Report

08/03/2017

Regulator cites tackling ‘ailing confidence in market based system’ as a priority.

Market Infrastructure

Top PBOC Official Flags Bitcoin Risks

07/03/2017

Zhou Xuedong moots negative list for exchanges; cites fund security, money laundering risks.

AML / KYC

HK SFC Fines Securities Firm for AML Breaches

07/03/2017

Firm breached 3 regulations including SFC Code of Conduct.

Capital / Liquidity

CBRC Instructs Banks on Credit Risk Monitoring

07/03/2017

Banking regulator sends letter to local offices with guidance on creditor committee systems.

AML / KYC

US Issues ML, Financial Crimes Report

07/03/2017

Institutions in 3 Asian countries said to deal in proceeds from drug trafficking that ‘significantly affects’ US.

AML / KYC

Incoming CBRC Chief Eyes ‘Common Regulatory Approach’

06/03/2017

Guo Shuqing acknowledges confusion created by variety of different laws and regulations.