United States

Market Risk

Good Regulation vs. Bad Instrument

By Peter Guy | 25/08/2015

Credit default swaps were the market’s equivalent of a nuclear meltdown. Now they are coming back. Will any amount of regulation prevent the next big one?

Clearing & Post-Trade

ASX Exempted from CFTC Registration for OTC Clearing, KRX Under Consideration

By Editors | 21/08/2015

CFTC issues its first-ever order of exemption from registration as a derivatives clearing organisation to ASX Clear, and is now considering the same for KRX.

Structural Regulation

SFC Reveals Direct Pathway for HK Brokers to Deal with US Customers

By Editors | 17/08/2015

Hong Kong’s Securities and Futures Commission has issued a circular describing the application procedure for certain licensed corporations to deal directly with customers in the United States.

Market Data & Technology

Urgency Required to Enact Global Data Standards, says DTCC

By Editors | 30/07/2015

The Depository Trust & Clearing Corporation has urged legislative and industry action to address three key obstacles it has identified that are hindering achievement of the G20 transparency goals.

Anti-Money Laundering

How the Fifa Case is Affecting AML and KYC Procedures

By Peter Guy | 28/07/2015

It is unusual that Fifa was able conduct business for so long despite sensational allegations by the media. Compliance teams need to rethink their standards.

Alternative Markets

New Rules to Allow Hedge Funds in Thailand

By Editors | 26/07/2015

Thailand’s Securities and Exchange Commission plans to issue regulations by the end of September that would allow the launch of hedge funds and junk bond funds in a bid to keep yield-seekers from investing abroad.

Structural Regulation

Thailand to Develop Financial Reporting Ecosystem

By Editors | 24/07/2015

The Securities and Exchange Commission is pushing ahead with its plan to develop the financial reporting ecosystem in Thailand in a bid to promote financial statement quality, improve operations of businesses and facilitate investor decision-making.

Conduct, Culture & Accountability

Banking on Good Behaviour

By Peter Guy | 24/07/2015

Conduct risk is proving to be the most frustrating crusade for regulators to lead as no one really understands what it means.

Anti-Money Laundering

U.S. Orders Major China Bank to Enhance Anti-Money Laundering Controls

By Editors | 23/07/2015

The Federal Reserve Board has announced an enforcement action against one of the biggest banks in China, ordering it to restructure its anti-money laundering compliance program.