Markets & Infrastructure

Payments & Settlements

Thailand Banks on Blockchain

By Manesh Samtani | 22/03/2018

Central bank plans adoption of blockchain for interbank settlements, bond issuance; leading banks launch joint initiative on blockchain based letters of credit.

Structural Regulation

HK Risks Becoming Auditing Outcast – Report

By Editors | 22/03/2018

Head of Financial Reporting Council says overhaul of accountancy regulation will not meet international standards.

Structural Regulation

S.Korea Proposes Asset Manager Remuneration Disclosures

By Garima Chitkara | 22/03/2018

FSC to amend financial services legislation to enhance investor protection by requiring funds to release manager compensation; new rules for easing fund compliance and encouraging crowdfunding also proposed.

Cybersecurity

Systemically Damaging Cyber-attack Inevitable – DTCC

By Manesh Samtani | 21/03/2018

White paper calls for industry collaboration to develop common response and recovery standards and contingencies to mitigate impending attack.

Structural Regulation

China to Allow Offshore Listed Firms to Issue Depository Receipts

By Editors | 20/03/2018

Move aimed at attracting back to the mainland China’s overseas-listed tech giants Alibaba, Tencent, Baidu.

Emerging Prudential Risks

China’s Bold Regulatory Reorganisation

By Peter Guy | 19/03/2018

Super regulator’s major obstacle will be resisting the cycles of international financial history while meeting the challenges of a big, fast-growing economy.

Payments & Settlements

China Minsheng, Ping An Banks Fined for Clearing, Payments Violations

By Editors | 19/03/2018

Banks violated rules on management of clearing, yuan settlement, and NBFI payments; Minsheng Bank’s $25.7mn fine is highest levied in financial industry by PBOC.

Cybersecurity

Cyber Threats Top ASIC Agenda

By Samuel Riding | 19/03/2018

Australian securities regulator warns on ‘malicious cybercrime’; says surveillance of OTC markets will be another 2018 priority.

Trading & Investment

UPDATED – India Securities Regulator Mulls Changes to Algorithmic Trading Framework

By Garima Chitkara | 18/03/2018

SEBI is considering imposing a congestion charge for high volume trading to address concerns on unfair market access to India’s exchange trading systems.