Reporting - Regulation Asia

RBI Deploys New Reporting System for Cooperative Banks

Following the $560mn fraud detected at PMC Bank, the RBI is ordering all cooperative banks in the country to perform their daily reporting via the new system.

October 17, 2019

274

Australia & NZ

ASX Announces Final Changes to Listing Rules

The main changes relate to increased reporting, better and more timely disclosure by listed investment companies, and new measures to address listing rule breaches.

October 11, 2019

239

Feature

Japan Hosts First-ever TCFD Summit

Speaking at the Summit, BOE governor Mark Carney lauded Japan's support for the TCFD, but said more needs to be done globally to enhance climate-related financial disclosures.

October 9, 2019

208

Enforcement

India: PMC Bank Managing Director Confesses to Wrongdoing

PMC Bank's now-suspended managing director has reportedly confessed that the bank's loan exposures went unreported for over six years.

October 2, 2019

353

Australia & NZ

RBNZ to Start Publishing Regulatory Breaches by Banks

The RBNZ will start publishing banks' regulatory breaches on its website next year in a bid to improve transparency and market discipline.

September 26, 2019

307

AML / KYC

Philippine Police Arrest Former Govt Official for Banking Law Violations

Former foreign affairs secretary Perfecto Yasay Jr is reportedly accused of conspiring to obtain a $6.7mn loan for a company without reporting the loan to the central bank.

August 28, 2019

331

Australia & NZ

Respondents ‘Broadly Supportive’ of New RMBS Framework: RBNZ

The RBNZ says submissions to its November consultation were broadly supportive of the proposed new standard for mortgage bonds – the RMO framework.

August 16, 2019

569

AML / KYC

Singapore Crypto Sector Consults on AML/CFT Code of Practice

The code was facilitated by MAS and developed in consultation with ABS by ACCESS, the Association of Cryptocurrency Enterprises and Start-ups, Singapore.

August 16, 2019