Market Infrastructure

Market Infrastructure

State Bank of Vietnam Sets up Fintech Portal

By Samuel Riding | 20/05/2016

Technology expected to boost financial inclusion in a country where only 20% of people have a bank account.

Market Infrastructure

CBRC Approves 1st Privately-owned Bank in Central & Western China

By Samuel Riding | 20/05/2016

Chongqing-based bank set up to serve SMEs approved two years after initial application.

Market Infrastructure

SSX to Develop Blockchain Settlement, Registration

By Samuel Riding | 20/05/2016

Sydney exchange’s system to be initially deployed across private markets platform.

AML / KYC

Compliance Costs to Dominate APAC Wealth Management Budgets – EY

By Samuel Riding | 19/05/2016

Consultant’s first APAC data shows compliance much more of a concern than in other regions.

Market Infrastructure

India Considering Additional HFT Surveillance Requirement

By Samuel Riding | 19/05/2016

Regulator also looking into speed bumps, order randomisation, trade bunching and limiting colocation access.

Market Infrastructure

HKMA Launches Cybersecurity Initiative

By Samuel Riding | 19/05/2016

Programme to cover cyber resilience assessment, professional development and information sharing.

AML / KYC

US Removes Myanmar Banks from Blacklist

By Samuel Riding | 18/05/2016

OFAC also adds two lenders to general license, says ‘most transactions’ involving all Burmese FIs now authorised.

Market Infrastructure

Taiwan FSC Proposes Extensive Financial Markets Reform

By Samuel Riding | 18/05/2016

Regulator concludes investors face much higher costs and taxes than in rival markets.

AML / KYC

JP Morgan Restricts SWIFT Access

By Samuel Riding | 18/05/2016

Bank takes precaution after security breaches related to Vietnam and Bangladesh banks.