Market Risk

HKMA to Help Support Banks’ Business – KPMG

04/07/2017

Report suggests financial stability issues are becoming less pressing, HKMA will encourage growth.

Emerging Prudential Risks

GFC Era Shadow Banking No Longer a Threat – FSB

04/07/2017

But report warns of new threats, not least liquidity risk from open-ended funds.

Market Abuse

HK SFC, CSRC to Boost Stock Connect Supervision

03/07/2017

Regulators conducted 60 joint investigations in 1H16, taking total to 365 since Shanghai-HK link established in 2014.

Structural Regulation

IOSCO – Sri Lanka Regulator Urgently Needs Independence

03/07/2017

Report also finds outdated legislative, regulatory framework; says several sectors ‘largely unregulated’.

Anti-Money Laundering

Southeast Asia Roundup

29/06/2017

The Philippine government passed amendments to the country’s AML (anti-money laundering) law, bringing casinos under it’s rules for the first […]

Supervision & Enforcement

Australia Eyes Stronger Powers for ASIC

29/06/2017

The Australian Treasury issued a trio of proposals to enhance the enforcement powers of ASIC.

Market Abuse

Enforcement – ‘Market Manipulation’ in Australia and China

28/06/2017

ASIC says Macquarie Securities failed to escalate suspicions; China-based HFT to pay $101mn.

Clearing & Post-Trade

CPMI-IOSCO Open CCP Stress Testing Consultation

27/06/2017

Paper follows research on financial stability risks, FSB consultation on CCP resolution.

KYC & CDD

India Sweetens the P-Note Pill for Foreign Investors

27/06/2017

Eased rules for fund managers, private banks to compensate for crackdown on offshore derivatives.