Korea to Implement Performance-Based Bank Pay

07/10/2016

Bank workers say initiative is likely to compromise quality of services.

Securities / Derivatives

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.

Market Infrastructure

Vietnam to Launch Combined Stock Index

05/10/2016

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

AML / KYC

Former Mega Bank Chairman Arrested in Taiwan

05/10/2016

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

Market Infrastructure

Australia Tightens Key Benchmark Rules

05/10/2016

New regulations require registration of benchmark-setting bodies.

AML / KYC

Australian Banking Inquiry – ANZ Denies Links to 1MDB Scandal

05/10/2016

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

Capital / Liquidity

CBRC Confirms New Risk Management Rules

05/10/2016

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

AML / KYC

Indonesia Tax Amnesty Expected to Net $346bn

05/10/2016

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

Capital / Liquidity

Japan Issues Regional Bank Guidelines

05/10/2016

55 criteria are designed to ensure banks support regional economies.