Market Infrastructure

Market Infrastructure

HKMA Urges AIs to Enhance Risk Management Controls

By Samuel Riding | 01/09/2016

Reported incidents include underpayment of stamp duty on OTC transactions.

Market Infrastructure

China P2P Lending Rules Prompt US Lawsuits

By Samuel Riding | 01/09/2016

Class actions allege P2P lender Yirendai failed to disclose borrower fraud, mis-stated impact of new regulations.

Market Infrastructure

SFC Approves 4 CCPs for OTC Clearing

By Samuel Riding | 01/09/2016

Mandatory clearing covers HKD- or G4 currency-denominated interest rate swaps.

AML / KYC

Banks’ Exit from Emerging Markets Hurting AML, CTF Efforts – FSB

By Samuel Riding | 31/08/2016

Report to G20 says funds are being driven underground; cites failures to initiate derivative market reform in China and Korea.

Market Infrastructure

ASIC Publishes ‘Robo-advice’ Guidelines

By Samuel Riding | 31/08/2016

Guidance covers licensing through to actual advice provision.

Capital / Liquidity

Japan Advances ‘Dynamic Supervision’ Approach

By Samuel Riding | 31/08/2016

FSA said to split supervision of regional banks; aims to boost lending, raise profitability.

Capital / Liquidity

APRA Finalises Capital Buffer Guidance

By Samuel Riding | 31/08/2016

ADIs should hold conservation buffer of 2.5% of RWA, rising to 3.5% for D-SIBS.

AML / KYC

APAC Region has World’s Worst Cyber Security, Study Finds

By Samuel Riding | 31/08/2016

Region’s surfeit of financial data one of the main causes of increase in security threats.

Market Infrastructure

S.Korea to Launch Robo-Advice Test-bed

By Samuel Riding | 31/08/2016

Market has raised concerns over robo-adviser’s performance.