Thomson Reuters Launches TRAC to Combat Trade Based Money Laundering

11/10/2016

SINGAPORE / HONG KONG, 11 October, 2016 – Thomson Reuters announces today the launch of TRAC, its new anti-money laundering […]

Capital / Liquidity

BCBS to Finalise Reforms by Year-End

11/10/2016

Committee chief says BCBS aims to reduce RWA and restore credibility to banks’ risk-based capital ratios.

AML / KYC

Korea to Issue Protective Measures for Equity-linked Security Investors

11/10/2016

Soaring equity-linked issuance threatens investor protection; new measures to be announced in November

Market Infrastructure

New Zealand to Revise Regulatory Reporting Framework

11/10/2016

Regulator consults on what information should be gathered from intermediaries.

AML / KYC

Updated – MAS Shuts Falcon Bank Singapore Operations

11/10/2016

Swiss regulator claims USD3.8bn of 1MDB money went via Falcon; MAS also fines DBS, UBS for control failures.

Market Infrastructure

SEBI to Tighten Investment Adviser Rules

10/10/2016

Revisions aim to address gaps and overlapping laws and standard regulations

Market Infrastructure

India Calls Top Brokers to Account

07/10/2016

Show cause notices issued to brokers for alleged involvement in USD853mn spot exchange scam.

Australia Clamps Down on Late Financial Reports

07/10/2016

ASIC has cancelled Australian Financial Services licenses of three firms this year and suspended two.

Market Infrastructure

Korea to Reform Short-Selling Rules

07/10/2016

Measures will aim to prevent losses due to delayed disclosure of foreign developments.