SECURITIES / DERIVATIVES

Securities / Derivatives

HSBC Files USD35mn Rate Rigging Settlement

By Samuel Riding | 21/06/2016

Proposed payment relates to anti-trust case alleging manipulation of two yen benchmarks.

Market Infrastructure

Tax Rules Could ‘Collapse’ Pakistan Brokerage Industry

By Samuel Riding | 21/06/2016

Director of Pakistan Stock Exchange attacks recent tax changes, excessive regulation.

Securities / Derivatives

HK SFC Planning Fund Liquidity Rules

By Editors | 17/06/2016

Regulators’ increasingly concerned about role of investment funds as source of systemic risk.

AML / KYC

No Super-Regulator Soon, China Think Tank Says

By Samuel Riding | 17/06/2016

Influential research center says reform should focus on ‘regulatory philosophy’ over next 2-3 years.

Market Infrastructure

Japan Probes Banks’ Currency Settlement Risk

By Samuel Riding | 16/06/2016

Financial Services Agency to check whether banks and brokers use automated services.

Market Infrastructure

BSE to Test Trading at Disaster Recovery Site

By Samuel Riding | 16/06/2016

BSE (Bombay Stock Exchange) will conduct a mock trading session from a disaster recovery site in Hyderabad to test the strength of its systems.

Market Infrastructure

AxiomSL, SAP Launch Regulatory Data Product

By Samuel Riding | 15/06/2016

Platform supports regulatory and risk reporting, data aggregation.

Market Infrastructure

ASIC Confirms ASX Meets Regulatory Obligations

By Samuel Riding | 15/06/2016

Conclusion based on surveillance assessments and engagement with HK, Singapore regulators.

Market Infrastructure

PBOC to Allow FI Bankruptcies

By Samuel Riding | 14/06/2016

Deputy governor says orderly market exits for financial institutions should be encouraged.