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Market Infrastructure
Korea to Ease Internet-only Bank Rules
By Samuel Riding | 07/07/2016
FSC proposes to revise banking laws, allow IT firms to have controlling stakes.
Market Infrastructure
JSDA Issues Details of T+2 Final Report
By Samuel Riding | 06/07/2016
Japanese dealers association says to re-examine operation flow for T+1 and T+0 stock lending.
Market Infrastructure
MAS to Enhance Cloud Service Guidelines
By Samuel Riding | 05/07/2016
Revised guidelines will aim to protect FIs’ customer information and lessen risks from outsourcing.
Market Infrastructure
Indian Auditor General Eyes Regulator’s Performance
By Samuel Riding | 05/07/2016
Comptroller says performance audits would mitigate the risk of financial frauds.
Crypto / Digital Assets
China Proposes to Recognise Virtual Assets as Property
By Samuel Riding | 03/07/2016
Proposals would give legal protection to virtual assets including currencies.
Market Infrastructure
Thailand Signs APEC Funds Passport Memo
By Samuel Riding | 03/07/2016
Cross-border mutual fund offerings move a step closer with fourth signatory.
Market Infrastructure
Hong Kong Enacts Resolution Ordinance
By Samuel Riding | 03/07/2016
Financial Institutions Ordinance establishes HKMA and SFC as resolution authorities.
AML / KYC
SAFE Orders Tighter Checks on Outbound Investment
By Samuel Riding | 29/06/2016
Forex regulator denies media reports of changes to individual quotas, rules.
Market Infrastructure
Regulation Chief Appointed Deputy RBI Governor
By Samuel Riding | 29/06/2016
NS Vishwanathan currently responsible for bank and non-bank financial regulation.
AML / KYC
SEBI to Allow Fund Sales on E-commerce Platforms
By Samuel Riding | 28/06/2016
Mutual fund association developing recommendations of panel on digitisation of financial services.
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