Asia’s diverse information governance rules and sometimes insular institutions exacerbate MiFID 2 data challenge.
Exchanges in India and Indonesia suffer outages, citing ‘technical issues’; brokers connected to Bursa Malaysia report spate of cyberattacks on two separate days.
SSE, CFFEX meetings to discuss stake in CSE (Chittagong Stock Exchange) follows their participation in consortium which bought 30% of Pakistan bourse.
Regulation Asia discusses the latest trends in regulatory scrutiny of capital markets with Ulf Carlsson, general manager at Nasdaq in Hong Kong.
Malaysian regulators aim to improve the competitiveness of the domestic capital markets by enhancing the soft and hard skills and professional ability of local banking executives.
Grip could be set to get even tighter if DOJ proposals on accessing documents, expanding AML predicates are implemented.
Philippine banks currently have to keep 20% in reserve; liquidity requirements were eased earlier this year.
Crisis group one of FSB’s main recommendations for CCPs; joint study warns on interconnectedness, concentration.
Report also finds outdated legislative, regulatory framework; says several sectors ‘largely unregulated’.