KYC & CDD

De-risking and Asia’s Move to Centralised KYC

06/10/2016

How concerns about excessive KYC are driving a move away from institution to country-based systems.

Trading & Investment

Vietnam to Launch Combined Stock Index

05/10/2016

Move follows plan for derivatives market in effort to attract more foreign investment.

Market Abuse

Former Mega Bank Chairman Arrested in Taiwan

05/10/2016

Ex-chairman alleged to have offloaded stock in advance of US fine.

Structural Regulation

Australia Tightens Key Benchmark Rules

05/10/2016

New regulations require registration of benchmark-setting bodies.

Supervision & Enforcement

Australian Banking Inquiry – ANZ Denies Links to 1MDB Scandal

05/10/2016

CBA acknowledges “poor customer outcomes”, failed to commit on victims’ compensation.

Operational Risk

CBRC Confirms New Risk Management Rules

05/10/2016

Guidelines are designed to strengthen and standardise risk management of commercial banks

Anti-Money Laundering

Indonesia Tax Amnesty Expected to Net $346bn

05/10/2016

Singapore the largest source of assets from overseas including property, gold and land.

Emerging Prudential Risks

Japan Issues Regional Bank Guidelines

05/10/2016

55 criteria are designed to ensure banks support regional economies.

Liquidity Risk

Cambodia to Issue Weekly NCDs

04/10/2016

Move aims to enhance management and liquidity of financial institutions, promote inter-bank lending.