United States

Structural Regulation

US Approves SGX’s Board of Trade Registration

By Editors | 23/01/2015

The U.S. Commodity Futures Trading Commission (CFTC) has approved Singapore Exchanges’ (SGX) registration as a Foreign Board of Trade (FBOT), allowing US-based clients access to SGX’s derivatives trading platform.

Anti-Money Laundering

US Steps Up Probe in Asia amid Tax-Evasion Crackdown

By Editors | 05/01/2015

US authorities would increase their investigations of international tax evasion by US taxpayers in Hong Kong and the rest of Asia following the implementation of the Foreign Account Tax Compliance Act from July last year, lawyers say.

Market Abuse

‘Spoofing’: Don’t do the Crime If you Can’t Do The Time

By Peter Guy | 18/12/2014

US government tries to criminalise a high frequency trading tactic. Will computers be convicted?

Clearing & Post-Trade

Derivatives Reform Stirs Controversy

By Editors | 29/10/2014

ISDA 2014 Annual Asia Pacific Conference Part One: Revealing the reform process

Trading & Investment

ASEAN Launches Collective Investment Scheme

By Editors | 26/08/2014

Singapore-based fund managers can now offer their funds directly to investors in Malaysia and Thailand under a streamlined authorization process following the launch of the ASEAN Collective Investment Scheme (CIS).

Anti-Money Laundering

Standard Chartered Fined $300 Million by US Financial Watchdog

By Editors | 21/08/2014

Standard Chartered will pay $300m over lapses in anti-money-laundering procedures and temporarily suspend its dollar clearing operations with high-risk clients in Hong Kong, the New York State Department of Financial Services (DFS) said.

KYC & CDD

DTCC to Launch Client Data, Documentation Hub

By Editors | 01/08/2014

The Depository Trust & Clearing Corporation, the world’s largest post-trade services provider, announced the establishment of the client data and documentation solution Clarient Entity Hub, which is designed to provide increased controls, standardization and transparency in managing client information.

Market Abuse

Australian Regulator Censures RBS over Interest Rate Manipulation

By Editors | 22/07/2014

Australia’s securities regulator has censured the Royal Bank of Scotland for its role in manipulating Australia’s bank bill swap rate.

Structural Regulation

Asian Regulators Enforce Global Derivatives Reporting Reforms

By Editors | 08/07/2014

Pragmatic consultation helps to improve transparency and risk management.