Capital Adequacy

Philippines to Offer Temporary Relief from Capital Requirements

23/12/2016

Central bank proposes regulatory incentives to encourage consolidation in banking sector.

Anti-Money Laundering

Singapore – 2016 in Review

22/12/2016

MAS gained power as it sought to bolster Singapore’s reputation as a financial centre.

Anti-Money Laundering

Malaysia – 2016 in Review

22/12/2016

Regulators sought to move past the 1MDB scandal, introducing fintech and regtech initiatives

Structural Regulation

Philippines – 2016 in Review

22/12/2016

Throughout the year, regulators made continuous efforts to enhance and internationalise the domestic market.

Supervision & Enforcement

Hong Kong – 2016 in Review

22/12/2016

Enforcement the major order of the year for Hong Kong regulators.

Operational Risk

ASIC to Review ASX Risk Management

22/12/2016

Commission says ASX adhered to procedure during outage, but some areas needs to be enhanced.

Cybersecurity

HKMA Implements Cybersecurity Programme

22/12/2016

Hong Kong banking industry can soon access Cyber Intelligence Sharing Platform

Market Abuse

Australia, India Sanction Banks for Forex Violations

22/12/2016

2 Australian banks to make $3.6mn ‘community benefit’ payments, RBI fines 5 banks total of $844.

KYC & CDD

RBI Backtracks on Demonetisation Deposit Limits

22/12/2016

Central bank says depositors will not be interrogated so long as accounts are KYC compliant.