ADVERTISEMENT
Fintech / Regtech
The Philippines to Introduce Cryptocurrency Regulation This Year
By Garima Chitkara | 01/02/2018
New rules, expected by year end, aimed at investor protection as Philippines investigates unlicensed ICO issuers.
Enforcement
HSBC, Australian Trader Involved in Spate of US ‘Spoofing’ Cases
By Samuel Riding | 31/01/2018
HSBC’s US securities operations agree to pay $1.8bn after CFTC allegations it was involved in ‘numerous acts of spoofing’.
Securities / Derivatives
Banks Will Struggle if Prop Trading is Reintroduced
By Peter Guy | 22/01/2018
US banks lobbied hard for a rollback of the Volcker Rule and a return to proprietary trading to bolster profits. They will soon find that it’s now a different world.
Fintech / Regtech
SEC Refusal to Support Crypto-based ETFs Will Influence Asian Regulators
By Bradley Maclean | 22/01/2018
US regulator cited concerns around valuation and liquidity, among other issues; but comments made in rejection letter open path to eventual approval.
AML / KYC
US Fed Fines Taiwanese Bank $29mn for AML Failures
By Editors | 19/01/2018
US Federal Reserve Board cites deficiencies in Mega Bank’s operations, risk management and compliance controls in relation to AML and bank secrecy laws.
Enforcement
The Return of ‘Super Alpha’ and Regulatory Arbitrage
By Peter Guy | 15/01/2018
The return of SAC Capital’s founder with a new venture reveals the complicated ethics of a post financial crisis world.
Securities / Derivatives
Thailand Allows Securities Firms to Offer Bitcoin Futures Locally
By Manesh Samtani | 11/01/2018
The SEC says fraud and money laundering not points of concern as CBOE and CME markets are properly supervised.
Market Infrastructure
Feeding the Bitcoin Bubble
By Peter Guy | 18/12/2017
The start of bitcoin futures may increase speculation and international regulatory risks as countries rein in credit.
Philippines Forges Ahead with Bitcoin Legitimisation
By Manesh Samtani | 18/12/2017
Central bank to regulate virtual currencies for remittance, payments; not yet ready to endorse bitcoin as a currency.
AML / KYC
US Lifts Threat of Criminal Charges against HSBC
By Garima Chitkara | 14/12/2017
Bank released from deferred prosecution agreement after meeting its terms; outgoing CEO says AML to remain ‘a top priority’ in 2018.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.