Capital Adequacy

Top Marks for Indonesia, Japan, Singapore in BCBS Assessments

12/12/2016

Reviews find three jurisdictions ‘compliant’ on LCR; Indonesia ‘largely compliant’ on risk-based capital.

Supervision & Enforcement

HK SFC Fined Firms $3.33mn in 1H16

09/12/2016

Disciplinary actions up 67%; civil proceedings rise 23%; completed investigations increase by 24%.

Anti-Money Laundering

NZ Regulator Pinpoints AML/CTF Weaknesses

09/12/2016

FMA review of 800 firms finds inadequate staff training and variations in due diligence

Fraud, Scams & Cybercrime

China Launches Acceptance Bills Exchange

09/12/2016

New exchange aims to prevent fraud amidst PBOC concerns about ‘opaque information trading’.

Payments & Settlements

SGX Glitch Halts Derivatives Trading

09/12/2016

December Nikkei 225 Futures the largest contract hit by delay 5 months after main board malfunction.

Custody & Infrastructure

S.Korea Launches Blockchain Consortium

09/12/2016

Group aims to ‘maximise convenience, security and efficiency of financial transactions’.

Conduct, Culture & Accountability

Taiwan FSC Fines ANZ for TRF Mis-selling

09/12/2016

Investigation finds ANZ helped customers buy RMB-linked forwards for which they were unfit.

Trading & Investment

Tax Reform a Boon for Overseas Investors

09/12/2016

Simpler, more rational regime is increasingly conducive, EY partner Tejas Desai suggests.

Structural Regulation

The Big Picture – Indian Regulatory Outlook

08/12/2016

Highlights from Regulation Asia’s 2016 India Roundtable with ICCL, Stockholding, EY and PIVOT.