Capital Adequacy

Philippines Defers Full Adoption of Basel 3 Leverage Ratio

03/01/2017

Central bank says delayed implementation will allow banks to calibrate exposures.

Trading & Investment

Korea Targets Development of Major Investment Banks

03/01/2017

New rules allowing brokerages to expand services to be introduced in 2H17.

Trading & Investment

Pakistan Simplifies Mutual Funds Distributor Rules

03/01/2017

Additional rules include mandatory in-house training and centralised database of distributors.

Structural Regulation

China Tightens Trust Company Regulation

03/01/2017

Trusts have been used as alternative financing channel for companies.

Trading & Investment

HKEX to Introduce Derivatives VCM on 16 January

03/01/2017

Volatility control mechanism was originally to be introduced on 14 November 2017.

Anti-Money Laundering

China Tightens Transaction Reporting Rules

03/01/2017

Large transaction reporting threshold reduced to $7,200.

KYC & CDD

Taiwan Signs up to FATCA

03/01/2017

Previously only reported number of clients and total amount held in Taiwanese accounts.

Trading & Investment

India Introduces Bond Options

03/01/2017

OTC and exchange traded options will be allowed.

Trading & Investment

SEBI Commissions Further HFT Study

03/01/2017

Securities regulator will issue another discussion paper once study is completed.