Stiffer requirements for retail dealing in unlisted derivatives; licensing exemption for remote clearing members.
Authority issues final fines against Credit Suisse, UOB; bans former employees of now-defunct private banks.
CBRC clarifies requirements for financial inclusion units; PBOC warns on suspicious transactions.
Commissioner Nobuchika Mori suggests fintech will facilitate provision of ‘bespoke products to mass customers’.
12-month pilot to work on ‘detection, prevention and disruption’; HKMA also joins Financial Security Expert Alliance with PBOC, Macau central bank.
AUSTRAC warns on ‘deliberate and systemic breaches’ of AML/CTF rules.