Structural Regulation

Vietnam to Revamp Foreign Investor Access Rules

01/12/2016

Securities Commission to complete legal framework, ensure ‘quality monitoring’.

Market Abuse

China Sets up Regional Financial Crime Bureaus

01/12/2016

Move is a response to stock market ‘irregularities’; teams cover five provincies/cities.

Structural Regulation

Thailand, Myanmar Discuss Banking Equivalency

30/11/2016

Agreement under ASEAN Banking Integration Framework would be 1st for Myanmar.

Trading & Investment

India Working on Fund Passport Scheme

30/11/2016

Indian investors currently only allowed to participate in overseas funds via feeder structures.

Credit Risk

S.Korea to Rein in Savings Banks

30/11/2016

Local lenders will be brought under same standards as regular banks.

Structural Regulation

SFC Mandates Online Submission of Licensee Documentation

30/11/2016

Paper filing by individual applicants and licensees will not be allowed from 1 February 2017.

Conduct, Culture & Accountability

Australian Banks to Conduct ‘Cross-selling’ Audit

30/11/2016

ASIC has written to 8 financial institutions requesting audit; also looking at financial advice businesses.

Anti-Money Laundering

S.Korea to Create National AML/CTF Alert System

30/11/2016

Finance minister says to extend reporting requirements to non-financial institutions.

Trading & Investment

SEBI Issues GIFT City Guidelines

30/11/2016

Exchanges can choose to allow trading in a product for up to 23.5 hours/day.