Crypto / Digital Assets

Japan FSA to Empower Self Regulatory Body for Cryptocurrency

19/02/2018

Self regulatory organisation will create rules and set penalties for breaches of self-imposed rules.

Market Infrastructure

India Eases Market Access for Foreign Institutions

17/02/2018

Private banks, merchant banks can invest on behalf of FPI clients; pre-approval requirement for switching local custodian effectively scrapped.

Securities / Derivatives

IOSCO Calls for Clampdown on OTC Leveraged Products

16/02/2018

New report urges enhanced risk disclosures, leverage limits and curbs on mis-selling; cites studies showing most investors in OTC leveraged products lose money.

Crypto / Digital Assets

S. Korea Explores NY-style ‘Bitlicense’ for Cryptocurrency

14/02/2018

The plan could include minimum capital and financial reporting requirements to qualify for a cryptocurrency exchange license.

Crypto / Digital Assets

Thailand Banks Banned from Cryptocurrency Activities

14/02/2018

Banks prohibited from trading, advising on, and creating platforms for cryptocurrency.

Fintech / Regtech

Australia Launches Real Time Payments Platform

14/02/2018

New Payments Platform enables instant transfers between accounts at different financial institutions, at “any time of day, any day of the year.”

AML / KYC

Australia Details Regulatory Framework for Open Banking

13/02/2018

The government has unveiled its final report on its review on open banking, detailing 50 recommendations on implementing the new data-sharing regime.

Crypto / Digital Assets

Australia Won’t Follow US, UK Credit Card Bans for Crypto

09/02/2018

ANZ, Westpac, NAB have no restrictions on buying cryptocurrency with credit cards, the banks confirmed.

Big Picture

Regulatory Obligations Aggravate Collateral Scarcity: Report

08/02/2018

Recent market trends increasingly favouring secured transactions, coupled with financial crises and regulatory requirements have made collateral scarcer than ever, new report suggests.