Europe

Cybersecurity

Singapore Deepens Cooperation with French, Canadian Regulators

By Garima Chitkara | 13/11/2019

French central bank establishes first Asian office in Singapore to enhance financial market cooperation; Canadian securities authorities pledge information exchange and fintech access.

Conduct, Culture & Accountability

Regulatory Data: Arrows for the Quiver?

By Hannah Cassidy | 25/10/2019

Banks need to be cognisant of how the data they provide to regulators is being used, says Herbert Smith Freehills in its 2019 Global Bank Review.

Structural Regulation

ASIC, ESMA Sign MOU to Cooperate on Benchmarks

By Editors | 22/10/2019

The MoU sets out cooperation arrangements to complement the EU’s July equivalence decision, as well as to ensure effective information exchange and supervisory coordination.

Resolution & Recovery

Japan, EU to Cooperate on Cross-border Resolution Planning

By Editors | 17/10/2019

Through an exchange of letters, Japan’s FSA and the EU’s SRB have agreed to cooperate to plan for and conduct orderly cross-border resolutions of banks.

Anti-Money Laundering

Refocusing the AML Model on Evidence and Outcomes

By Matthew Redhead | 14/10/2019

Under the current AML model, the ultimate focus for FIs is to protect the institution and the bottom line rather than reduce money laundering, says RUSI’s Matthew Redhead.

Structural Regulation

EU Equivalence Needed on Cross-Border Intragroup Transactions

By Editors | 01/10/2019

ISDA and EU banking associations are calling for equivalence decisions to be prioritised for Australia, Hong Kong, Singapore and South Korea, among others.

Structural Regulation

APAC Central Banks Prepare Market for Benchmark Reforms

By Editors | 27/09/2019

A group of APAC central banks have issued a report on the regional implications of LIBOR’s discontinuation, BMR implementation, and reforms to local benchmarks.

Market Abuse

US, UK Agencies Work to Clean Up Credit Derivatives Market

By Editors | 24/09/2019

In a joint statement, the SEC, CFTC and FCA have pledged to work together to address “opportunistic strategies” that harm the credit derivatives market.

Structural Regulation

HKEX Enlists Investment Banks to Help with LSEG Bid

By Editors | 24/09/2019

HKEX has reportedly brought in UBS, Credit Suisse and HSBC to help it engage with LSEG shareholders and provide advice on its recently-rejected bid to takeover the London bourse.