Other Asia Pacific

Fintech / Regtech

Cambodia Warns Against Crypto-related Activities Without Licence

By Emma Zhou | 26/06/2018

Statement jointly issued by three government agencies says trading cryptocurrency without a licence is illegal, without defining licensing process or requirements.

Market Infrastructure

LEI Transition Period For MiFID II To End In July – ESMA

By Garima Chitkara | 21/06/2018

The six month transition period put in place in December 2017 to allow firms to obtain LEIs to comply with MIFID will end on 2 July 2018, as ESMA rules out any extensions in a new statement.

Market Infrastructure

Cambodia Opens Applications for New CIS-Related Licences

By Garima Chitkara | 20/06/2018

Cambodia’s securities regulator has started accepting applications for licences for fund managers, distributors, administrators, trustees, among other CIS-related activities.

Enforcement

Thailand, Japan to Cooperate on Banking Supervision

By Manesh Samtani | 20/06/2018

BOT and Japan FSA agreement sets out process they will follow to foster greater cooperation for information sharing, on-site visits, supervisory colleges and crisis management.

Securities / Derivatives

Cambodia, Indonesia Signs Derivatives Cooperation Pact

By Garima Chitkara | 20/06/2018

CDX has signed a cooperation agreement with JFX to boost derivatives trading in Cambodia; securities regulator set to issue more derivatives trading licences.

Market Infrastructure

Fund Managers Negative on MiFID II Research Unbundling – Report

By Manesh Samtani | 20/06/2018

New RSRCHXchange survey reveals non-European fund managers negative about unbundling requirements, while recognising positive impact for investors; impact expected to be felt Asia within 2-4 years.

Market Infrastructure

The End of IBOR – The Asia Take

By Matthieu Sachot | 19/06/2018

Though uncertainty remains on when LIBOR migration is really going to be due, the earlier the banks set this in motion, the lower the execution risk and cost in the long run. This article highlights the local benchmarking effort in Asia and the key areas banks should have on their roadmap, starting now.

Capital / Liquidity

Philippines Banking Sector Gets Rating Lift from S&P

By Karen Chiu | 15/06/2018

S&P Global Ratings cites economic activity, fiscal policy, low credit risks, stringent regulation and favourable operating environment for well-capitalised banks.

AML / KYC

ASIFMA Publishes AML/KYC Best Practice Paper

By JP Reimann | 11/06/2018

Industry group focuses on nine AML/KYC areas, largely drawn from industry consensus of best practices currently applied by members in Hong Kong and Singapore.