Market Infrastructure

Market Infrastructure

Major Japanese Banks to Disclose Sales Commissions

By Samuel Riding | 07/07/2016

Banks receive more than 3 times more commission on insurance than on mutual funds.

Market Infrastructure

Korea to Ease Internet-only Bank Rules

By Samuel Riding | 07/07/2016

FSC proposes to revise banking laws, allow IT firms to have controlling stakes.

Market Infrastructure

JSDA Issues Details of T+2 Final Report

By Samuel Riding | 06/07/2016

Japanese dealers association says to re-examine operation flow for T+1 and T+0 stock lending.

Market Infrastructure

MAS to Enhance Cloud Service Guidelines

By Samuel Riding | 05/07/2016

Revised guidelines will aim to protect FIs’ customer information and lessen risks from outsourcing.

Market Infrastructure

Indian Auditor General Eyes Regulator’s Performance

By Samuel Riding | 05/07/2016

Comptroller says performance audits would mitigate the risk of financial frauds.

Crypto / Digital Assets

China Proposes to Recognise Virtual Assets as Property

By Samuel Riding | 03/07/2016

Proposals would give legal protection to virtual assets including currencies.

Market Infrastructure

Thailand Signs APEC Funds Passport Memo

By Samuel Riding | 03/07/2016

Cross-border mutual fund offerings move a step closer with fourth signatory.

Market Infrastructure

Hong Kong Enacts Resolution Ordinance

By Samuel Riding | 03/07/2016

Financial Institutions Ordinance establishes HKMA and SFC as resolution authorities.

AML / KYC

SAFE Orders Tighter Checks on Outbound Investment

By Samuel Riding | 29/06/2016

Forex regulator denies media reports of changes to individual quotas, rules.