SECURITIES / DERIVATIVES

AML / KYC

China to Tighten Internet Finance Rules

By Samuel Riding | 14/10/2016

PBOC to head taskforce including securities regulator and issue measures by March 2017.

AML / KYC

Regulation Still the Top Risk Concern for Global Banks – EY

By Samuel Riding | 13/10/2016

50% of boards, 68% of CROs prioritising regulatory implementation, meeting supervisory expectations.

Market Infrastructure

ASX Revamps Code of Conduct

By Samuel Riding | 12/10/2016

Council of Financial Regulators also issues minimum conditions for competition.

Market Infrastructure

India Calls Top Brokers to Account

By Samuel Riding | 07/10/2016

Show cause notices issued to brokers for alleged involvement in USD853mn spot exchange scam.

Market Infrastructure

Korea to Reform Short-Selling Rules

By Samuel Riding | 07/10/2016

Measures will aim to prevent losses due to delayed disclosure of foreign developments.

Securities / Derivatives

De-risking and Asia’s Move to Centralised KYC

By Samuel Riding | 06/10/2016

How concerns about excessive KYC are driving a move away from institution to country-based systems.

Market Infrastructure

Vietnam to Launch Combined Stock Index

By Samuel Riding | 05/10/2016

Move follows plan for derivatives market in effort to attract more foreign investment.

AML / KYC

SFC Clarifies Broker Requirements

By Samuel Riding | 03/10/2016

Clarification follows unusual step of public warning on internal AML controls.

Market Infrastructure

HKMA Issues Guidelines on Penalties for OTC Rule Breaches

By Samuel Riding | 03/10/2016

Authority says it will not automatically link fines with profit gained, loss avoided from breaches.