AML / KYC

India MFs Must Offer Divestment Before Derivatives

23/02/2017

Funds no longer need to obtain positive consent for shift in investment strategy.

AML / KYC

Pakistan Tightens AML/CTF Rules, Monitoring

22/02/2017

Banks, development financial institutions and micro-finance banks required to identify beneficial owners.

Capital / Liquidity

Myanmar to Open Trade Financing to Foreign Banks

22/02/2017

Overseas banks will not be allowed to offer any other type of service.

Capital / Liquidity

Bangladesh Revises Financial Firm Ownership Rules

22/02/2017

New law to limit directorships; central bank could also tighten NBFI investment rules.

Market Infrastructure

SEBI Eyes Action Against Spot Market Brokers

22/02/2017

Five firms said to be involved in exchange being unable to repay investors,

Capital / Liquidity

Guangdong Eases Bank Capital Rules

22/02/2017

Provincial branch of CBRC allows banks to include certificates of deposit in regulatory capital.

Capital / Liquidity

RBI Considering ‘Bad Asset’ AMCs

22/02/2017

Indian central bank also working on means of recapitalising or resolving stressed banks.

Capital / Liquidity

Vietnam Extends Banks’ Loan Recovery Powers

22/02/2017

Banks and credit institutions will also soon be allowed to provide new types of loans including revolving credit.

AML / KYC

Vietnam, Laos, Cambodia to Extend Joint Supervision

22/02/2017

Trio to cooperate on bank inspections, AML and personnel training.