ADVERTISEMENT
Enforcement
Thailand Implements New Market Misconduct Penalty Scheme for Banks
By Editors | 20/01/2018
New market conduct rules to be implemented over next few weeks; Violators can be barred from operating or fined up to 1mn baht per day.
Vietnamese Banks Warned Against High-Risk Lending
By Editors | 19/01/2018
Central bank warning comes as prime minister asks for increased inspection and supervision over banks.
Market Infrastructure
LEIs: Asia Following the Rest of the World
By Tony Freeman | 18/01/2018
Firms in the region either embrace, endure or avoid MiFID II’s LEI requirement, but must accept that it’s not just regulations from the US which now have a profound extraterritorial impact.
AML / KYC
Philippines Will Now Report Cross Border Banking Stats to BIS
By Editors | 17/01/2018
BSP has begun reporting international banking statistics from January 2018, having met BIS standards for completeness and quality.
Big Picture
Beware Regulatory Fragmentation in 2018 – Deloitte
By Samuel Riding | 11/01/2018
Trend towards more isolated policymaking will challenge the implementation of financial regulations on a worldwide basis.
AML / KYC
Registration with Financial Information System Compulsory – Indonesia Regulator
By Editors | 11/01/2018
Move will require all financial services firms operating in the country to provide customers identification and tax details to the regulator by 2022.
Securities / Derivatives
Thailand Allows Securities Firms to Offer Bitcoin Futures Locally
By Manesh Samtani | 11/01/2018
The SEC says fraud and money laundering not points of concern as CBOE and CME markets are properly supervised.
Securities / Derivatives
Higher Stock Transaction Tax to Impact Trading Volume: PSE
By Garima Chitkara | 05/01/2018
Stock transaction tax increased 20% from 1 January 2018; change in timeline took exchange by surprise.
Market Infrastructure
Indonesia to Establish Derivatives CCP
By Editors | 03/01/2018
Centralising counterparty risk at a clearinghouse will make derivative products offered by Indonesian financial institutions more competitive.
Capital / Liquidity
OJK Takes Over Credit Information Management from BI
By Garima Chitkara | 02/01/2018
Indonesian financial regulator will take over arranging, developing and managing credit information systems from central bank.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team