SECURITIES / DERIVATIVES

Market Infrastructure

Merrill Lynch Units’ $1.9mn Fine Could Have Been Much Larger – HK SFC

By Samuel Riding | 27/03/2017

One unit advised on futures contracts for more than 10 years without the required license.

AML / KYC

India, Singapore, Guangdong Join Shift to ID Card-based KYC

By Samuel Riding | 24/03/2017

Financial institutions could soon be able to access government-held information including biometric data.

Capital / Liquidity

No FRTB Until 2021 – APRA

By Samuel Riding | 24/03/2017

Regulator says BCBS unlikely to finalise rules until ‘2020 at the earliest’.

Capital / Liquidity

Asia Set to Withstand Regulatory Uncertainty – IMF

By Samuel Riding | 23/03/2017

Regional representative Geoffrey Heenan addresses potential ‘balkanisation’ in regulatory reform.

Securities / Derivatives

MAS, Singapore Police Seal Spoofing Conviction

By Samuel Riding | 23/03/2017

Former remisier manipulated prices of stocks; traded CFDs on resulting market movements.

Securities / Derivatives

SGX Accepts Order to Improve Resilience

By Samuel Riding | 22/03/2017

Exchange needs to improve six measures over the next 24 months, will contribute costs.

Securities / Derivatives

HKEX Subsidiary Launches OTC Client Clearing

By Samuel Riding | 22/03/2017

OTC Clear can also accept some types of non-cash collateral.

AML / KYC

ASIC Sets out Blockchain Regulatory Framework

By Samuel Riding | 21/03/2017

Regulator will ask six questions to assess a DLT’s regulatory compliance.

AML / KYC

Updated – MAS Raises Spectre of Algo ‘Contagion’

By Samuel Riding | 21/03/2017

Singapore regulator using clustering, network analysis; to set up supervisory technology unit.