AML / KYC

BCBS Confirms Leave from Basel to Support Financial Inclusion

28/09/2016

Committee confirms institutions can be compliant with its Core Principles without implementing Basel I, II or III.

Market Infrastructure

SEBI Details Commodity Exchange Investor Protection Rules

28/09/2016

All penalties levied by exchanges will enter investor protection fund.

The Idiosyncratic Risks of Financial Groups

28/09/2016

Paper by OECD’s Takahiro Yasui explores corporate governance responses to five main risks.

Uncategorised

Asia Regulations Hindering ETF Adoption

28/09/2016

Stringent rules make ‘speed to market’ slower than in other regions despite clear market appeal.

Market Infrastructure

China to Clarify Foreign Fund Offering Rules

28/09/2016

CSRC to work with AMAC to address foreign asset managers’ concerns

AML / KYC

Singapore has Strong AML, CTF Framework—FATF

28/09/2016

But assessment report warns of need to enhance supervision of all financial institutions.

AML / KYC

Accuity Adds Beneficial Ownership Identification to Bankers Almanac

28/09/2016

Function identifies beneficial ownership interests of 0.1% or more versus regulatory thresholds of 10% or 20%.

SWIFT Introduces Mandatory Customer Security Requirements

28/09/2016

Geneva, 27 September 2016 – SWIFT announced the introduction of a set of core security standards and an associated assurance […]

AML / KYC

Emerging Asia Heads Decline in Banks’ Relevance – EY

27/09/2016

Lack of trust one of the main factors turning consumers away from traditional banks, report suggests.