Market Abuse

Ex-Credit Suisse Broker Denies Procuring Insider Trading

21/09/2016

ASIC brings prosecution on 11 charges related to trades in 7 companies.

Cybersecurity

HKMA to Add Cybersecurity, AML to Competency Framework

21/09/2016

Measures are part of efforts to boost Hong Kong’s competitiveness as a fintech hub.

KYC & CDD

Fund Managers Struggling with On-boarding Inefficiency, Study Finds

20/09/2016

Clarient Global report suggests nearly two-thirds of firms have difficulty obtaining client information.

Emerging Prudential Risks

China Shadow Banking Could Prompt Next Bailout – CLSA

20/09/2016

Failures could cause bank run, and authorities would have to intervene, head of China strategy says.

Payments & Settlements

ASIC Investigates ASX Outage

20/09/2016

ASX says disruption was due to hardware failure and not a cyber-attack.

Anti-Money Laundering

BSP Ordered to Return $15mn to Bangladesh

20/09/2016

Bangladesh seeking to recover another USD2.7 million frozen by Philippines’ casino regulator.

KYC & CDD

Thailand Introduces e-KYC Rules

20/09/2016

Telecom and banking industry also form joint security plan for mobile and e-banking.

Supervision & Enforcement

CBRC Fined Banks $2.24mn in 3Q

19/09/2016

Agricultural Bank of China and ICBC among 44 lenders censured.

Trading & Investment

Vietnam to Launch Derivatives Market in 1Q17

19/09/2016

SSC, HNX and VSD will develop regulations on prices, fees and tax.