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AML / KYC
HK Regulator, Police, Banks Set up Financial Crime Taskforce
By Editors | 28/05/2017
12-month pilot to work on ‘detection, prevention and disruption’; HKMA also joins Financial Security Expert Alliance with PBOC, Macau central bank.
Securities / Derivatives
APAC Regulators Welcome Global FX Code
By Samuel Riding | 25/05/2017
Regulators from Australia, Hong Kong, India, Korea and Singapore say they will ‘promote adherence’.
China’s Absence from FSB Shadow Banking Data
By JP Reimann | 14/05/2017
Domestic authorities’ actions, relative isolation of currency insulate global financial system from China risk.
Capital / Liquidity
Singapore Government Introduces New RRP Regime
By Samuel Riding | 09/05/2017
Bill extends MAS powers over financial institutions in distress and their counterparties.
AML / KYC
MAS, Singapore Police Set up AML/CTF Partnership
By Samuel Riding | 25/04/2017
Group including 8 Singapore banks will ‘enhance detection and mitigation of transnational risks’.
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.
Fintech / Regtech
Hong Kong Pitches for Regtech Leadership
By JP Reimann | 13/04/2017
Regulators encourage mutual support and cooperation as industry players eye billions in cost savings.
FRTB on the Back Burner, For Now
By Samuel Riding | 10/04/2017
More immediate regulatory issues are taking precedent, but trading book review still warrants attention.
Market Infrastructure
SGX Confirms Regulatory Subsidiary Chairman
By Samuel Riding | 07/04/2017
Professor Tan Cheng Han will take up role in the 3rd quarter this year, exchange says.
Uncategorised
Counting Down to the ‘New’ VM Deadline
By Samuel Riding | 30/03/2017
1 September highly likely to be the final cut-off for meeting OTC derivatives margin requirements.
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