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Anti-Money Laundering
Three Wave Regulation: Sibos Day 1 Plenary
By Editors | 13/10/2015
Yawar Shah’s opening remarks focus attention on financial crime compliance and market infrastructure growth.
Payments & Settlements
Breaking Away From a US Dollar Dominated World
By Peter Guy | 13/10/2015
CIPS translates into geopolitical, transnational banking power by obviating American oversight.
Trading & Investment
China Drafts New Rules to Govern Automated Trading
By Editors | 12/10/2015
China has issued draft regulations governing automated trading on three exchanges which include the adoption of a net daily purchase quota for some securities.
Structural Regulation
Hong Kong to Streamline Fund Authorisation Process
By Editors | 12/10/2015
Intention to promote fund providers’ self-compliance and reduce the overall processing time without compromising investor protection.
Trading & Investment
CSRC Seeks Stronger Supervision of Client Trading at Brokerages
By Editors | 12/10/2015
The China Securities Regulatory Commission is proposing guidelines for brokerages and wealth management firms to strengthen supervision of clients’ transactions.
Structural Regulation
ASIC Extends Deadline for Phase 3B Reporting Entities
By Editors | 11/10/2015
The Australian Securities and Investment Commission has extended the deadline for Phase 3B Reporting Entities to start reporting derivative transactions until December 4, 2015.
Trading & Investment
Hong Kong Considers Centralised Fund Platform
By Editors | 11/10/2015
The Hong Kong Securities Association is holding talks with Hong Kong Exchange and Clearing Limited to evaluate the possibility of launching a centralised fund platform.
Alternative Markets
China to Boost Lending to Venture Capital-Backed Startups
By Editors | 11/10/2015
The China Banking Regulatory Commission is working on trial measures to encourage banks to make long-term loans to startup technology companies that are financed by venture capitalists.
Liquidity Risk
Industry Endorses Intraday Liquidity Reporting Guidelines
By Editors | 10/10/2015
SWIFT has announced that the Payments Market Practice Group has endorsed the use of its messages for intraday liquidity reporting as required by the Basel Committee on Banking Supervision.
Payments & Settlements
China Launches New Interbank Payment System
By Editors | 10/10/2015
The People’s Bank of China has launched the China International Payment System, a cross-border interbank payment system to facilitate yuan clearing transactions.
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