SWIFT’s Sanctions Screening Service Exceeds 500 Customers

08/09/2016

Hong Kong, 7 September 2016 – SWIFT announces another important milestone for its hosted compliance services – the 500th customer […]

SFC Bans Former HSBC Sales Staff

08/09/2016

Duo claimed commissions on fictitious unit trust sales.

AML / KYC

Australia Exempts Some Trusts from AML/CTF Law

08/09/2016

Exemptions apply to licensed trustees appointed under a will, power of attorney, or to act for incapacitated clients.

China Bond Underwriting Probe Continues

08/09/2016

Campaign started in 2013 led to tighter regulation of inter-bank market.

Asian Fund Managers Seeking Post-Brexit Reassurance: Sean Tuffy

07/09/2016

BBH’s head of regulatory intelligence suggests more funds are considering locating outside London.

ISDA Publishes China Collateral Memorandum

07/09/2016

HONG KONG, September 7, 2016 – ISDA (the International Swaps and Derivatives Association) today announced the publication of the ISDA […]

Market Infrastructure

China Revises RQFII Rules

07/09/2016

Quotas to be limited to proportion of asset size; no more than 3 trustees allowed.

Market Infrastructure

HKMA Launches Fintech Sandbox

07/09/2016

Scheme will include arrangements to protect volunteers in financial technology trials.

AML / KYC

Philippines Considering Repeal of Bank Secrecy Laws

07/09/2016

Philippines and Lebanon the only countries which still have such laws in place.