Securities / Derivatives

AML / KYC

Bitcoin Forum Reveals PBOC Rectification Order

By Samuel Riding | 26/04/2017

Exchanges told to adhere to regulations on securities, futures and forex; tighten AML controls.

Securities / Derivatives

Australian Parliament Confirms Bank Reform Proposals

By Samuel Riding | 26/04/2017

Stronger breach reporting requirement includes naming responsible senior executives.

Market Infrastructure

Chinese Legislature Reviews Securities Law Amendments

By Samuel Riding | 25/04/2017

Proposed changes include greater enforcement, punishment powers for CSRC.

Securities / Derivatives

Ex CSRC Official Fined $73mn

By Samuel Riding | 24/04/2017

Feng Xiaoshu said to have made RMB248mn from illegal trades using family members’ accounts.

Securities / Derivatives

Pakistan Tightens Brokerage Rules

By Samuel Riding | 24/04/2017

Advisers have 6 months to meet new licensing regulations including capital, audit and accounting, and conduct requirements.

AML / KYC

MAS Chief Cites Technology as Top Regulatory Priority

By Samuel Riding | 24/04/2017

Ravi Menon cites banks exit from some market segments, but says costs not sufficient reason for regulatory rollback.

Market Infrastructure

ASIC Confirms Further ASX Review

By Samuel Riding | 21/04/2017

Regulator also eyeing conduct and culture; conflicts of interest, tech and market innovation risks.

AML / KYC

S.Korea Regulator to Focus on ‘Ex-post’ Supervision

By Samuel Riding | 21/04/2017

Governor tells foreign firms FSS will shift from ‘punitive and ex-ante supervision’ in ‘the Age of VUCA’.

Market Infrastructure

HK Regulator to Ask Brokers to Upgrade Cybersecurity

By Samuel Riding | 20/04/2017

Development follows on from January warning on DDOS hacks and blackmail.