MARKET INFRASTRUCTURE

AML / KYC

CSRC Warns on Private Fund Sales to Retail Investors

By Samuel Riding | 03/06/2016

Regulator clamping down on practice of slicing off portions of private funds for sale.

AML / KYC

RBI Tells Banks to Implement Cybersecurity Plans

By Samuel Riding | 03/06/2016

Financial institutions told to put plans in place immediately, categorise their level of risk.

Market Infrastructure

Vietnam Ends Foreign Currency Loan Ban

By Samuel Riding | 02/06/2016

Foreign banks can offer short-term foreign currency loans again after 2-month ban.

Market Infrastructure

CFTC Issues ‘No Action Letter’ on Shanghai Clearing House

By Samuel Riding | 02/06/2016

SHCH had not registered as derivatives clearing organisation, is applying for exemption.

Market Infrastructure

CBRC Tells Banks to Check ‘Shadow Loans’ Exposure

By Samuel Riding | 02/06/2016

Regional branches of banking regulator ask lenders to check off-balance sheet business, assets.

Market Infrastructure

HKEx, SFC to ‘Fine-tune’ IPO Regulations

By Samuel Riding | 02/06/2016

SFC could become ‘last gatekeeper’ in IPO process, also set to review back-door listings.

Market Infrastructure

India Tightens Fund Redemption Rules

By Samuel Riding | 01/06/2016

Funds can only restrict redemptions in four circumstances, including market failure.

Market Infrastructure

SHFE Applies for HK ATS License

By Samuel Riding | 01/06/2016

Shanghai Futures Exchange platform could initially trade crude oil futures.

Market Infrastructure

Japan to Upgrade B2B Electronic Transfer System

By Samuel Riding | 01/06/2016

Public and private money to finance new system expected to have trial run in 2018.