AML / KYC

S.Korea Planning Bitcoin Exchange Regulation

22/11/2016

Multi-agency task force to consider Japan, US and EU regulatory models.

AML / KYC

PBOC Said to Ban Dual-Network Payment Cards

22/11/2016

Central bank also said to restrict transactions by foreign bankcard networks without domestic clearing licenses.

AML / KYC

India Uncovers $2.34bn of Illegal Broker Transactions

22/11/2016

Tax office says brokerage ‘never bothered to verify KYC norms’.

AML / KYC

Malaysia SC Makes Key Appointments

22/11/2016

Regulator appoints Gumuri Hussain as executive chairman of Audit Oversight Board; Foo Lee Mei as chief regulatory officer.

Market Infrastructure

China Opens Interbank Bond Market to 7 US Hedge Funds

22/11/2016

Bridgewater Associates hedge funds are among 419 new market entrants in October.

Market Infrastructure

SEBI Said to Allow Overseas Investment for ‘Angel Funds’

22/11/2016

Proposal rumoured to be issued this week will also cut minimum investment requirement.

Capital / Liquidity

HSBC Down, ICBC Up in 2016 G-SIBs List

22/11/2016

Latest list indicates FSB and BCBS’s perception of systemic risk posed by 30 major banks.

Market Infrastructure

BSP Shuts 20th Lender in 2016

21/11/2016

‘Ailing’ rural bank had total deposit liabilities of USD573,845, insured deposits of USD493,305.

Market Infrastructure

HKMA Eases Internet Banking Rules

21/11/2016

Increased transaction limit comes with warning on controls and customer education.