Anti-Money Laundering

Bangladesh Central Bank to Install New SWIFT System

30/01/2017

New cybersecurity system aims to avoid ‘unwanted incidents’ in overseas payments.

Structural Regulation

SEBI Finalises Exchange Cross-listing Rules

30/01/2017

3-stage framework aims to address possible conflicts as BSE prepares to list on NSE on 3 February.

Clearing & Post-Trade

HK Announces OTC Derivatives Reporting Tests

30/01/2017

Licensed corporations need to complete tests by the end of May.

Anti-Money Laundering

PBOC Orders Banks to up Scrutiny of Overseas Business

30/01/2017

Banks should review acquisition targets’ future profitability, strengthen AML/CTF supervision.

Credit Risk

RBI to Push Back Asset Quality Review

30/01/2017

Banks said to have spent last two months dealing with impact of demonetisation.

CBDCs

China Completes Digital Bank Acceptance Bills Trial

27/01/2017

ICBC and BOC involved in trial which could preface introduction of blockchain-backed legal tender.

Structural Regulation

ASIC Says Cut Firms’ Regulatory Costs by $233mn in 2015/16

27/01/2017

Regulator to spend $46mn on data platform, analytics; add trade reporting data to monitoring platform.

Market Abuse

Vietnam Eyes New Disclosure Rules for Bank Shareholders

27/01/2017

SBV governor said the proposal aims to keep banks under control, restore confidence.

Payments & Settlements

RBI Said to Lift Cash Withdrawal Limits by End-Feb

27/01/2017

Report suggests 78-88% of currency supply will be back in the system within 2 months.