AML / KYC

Vietnam Sets up AML/CTF Steering Committee

12/09/2016

Committee headed by deputy prime minister charged with developing new policies.

Market Infrastructure

Hong Kong Extends Listing Regulation Consultation

12/09/2016

Proposal to give SFC more say has prompted claims it will reduce HK’s appeal as an IPO destination.

AML / KYC

Indonesia Simplifies Account Opening Process

12/09/2016

New rule relaxes KYC requirements for banking service provision through agents.

Market Infrastructure

CFTC Grants Japan Comparability on Un-cleared Swaps

12/09/2016

US regulator votes 2-to-1 to grant comparability on un-cleared swaps margining, eligible collateral.

Capital / Liquidity

CBRC Asks Banks to Set Up Creditor Committees

12/09/2016

Committees required to relieve debt burden rather than recall loans, stop lending.

AML / KYC

China, Cambodia Ink AML/CTF MOU

09/09/2016

Cambodia ranks 6th globally for susceptibility to money laundering, terrorist financing.

AML / KYC

Taiwan Toughens Derivative Account Rules

09/09/2016

Applications for retail and institutional client accounts require central bank approval.

AML / KYC

HKMA Warns of Excessive Due Diligence

09/09/2016

Authority says some KYC/AML measures ‘disproportionate’; looking at KYC utilities to ease regulatory burden.

AML / KYC

Ease AML/CTF Regulations for Low-value Transactions: Brookings

08/09/2016

Influential think-tank suggests some regulations could be eased to support financial inclusion.