United States

    Market Infrastructure

    DTCC Outlines ‘No-Touch’ Vision for Post-Trade Processing

    By Editors | 13/09/2019

    Much of today’s post-trade process is still handled manually, resulting in greater risk, errors and costs, says DTCC in a new white paper, highlighting the need for a new approach.

    Market Infrastructure

    Thailand to Digitise Capital Market Processes with DLT

    By Editors | 05/09/2019

    The project aims to reduce the documentary procedures required in processes related to share issuances and offerings, securities registration, settlement and delivery, and KYC.

    Securities / Derivatives

    Sri Lanka Proposes Easing of Stock Market Listing Criteria

    By Editors | 05/09/2019

    Companies will no longer be required to have three years of consecutive profits to list on the main board of the Colombo Stock Exchange.

    AML / KYC

    Philippine Police Arrest Former Govt Official for Banking Law Violations

    By Editors | 28/08/2019

    Former foreign affairs secretary Perfecto Yasay Jr is reportedly accused of conspiring to obtain a $6.7mn loan for a company without reporting the loan to the central bank.

    Enforcement

    US SEC Fines Deutsche Bank $16m for Corrupt Hiring Practices

    By Editors | 27/08/2019

    Between 2006 and 2014, Deutsche Bank hired relatives of executives of Chinese and Russian state-owned enterprises to generate business for the bank.

    Capital / Liquidity

    US Regulators Approve Easing of Volcker Rule

    By Manesh Samtani | 21/08/2019

    Two of five US agencies have approved the Volcker Rule revamp, which aims to simplify its requirements and give banks more flexibility to trade.

    AML / KYC

    The Long Arm of the Law

    By Eric A. Sohn | 19/08/2019

    Eric A. Sohn at Dow Jones Risk & Compliance discusses the US’ ability to restrict a firm’s access to correspondent banking services and its financial markets.

    Market Infrastructure

    Thailand, Cambodia to Cooperate on Cross-Border Listings

    By Editors | 13/08/2019

    Thailand and Cambodia’s securities regulators have agreed on a plan to enable cross-border equity offerings and depositary receipts in a bid to boost the development of the CSX.

    Fintech / Regtech

    Philippine SEC Proposes New Requirements for Online Lending Platforms

    By Editors | 08/08/2019

    The SEC proposes new disclosure and reporting requirements for operators of online lending platforms, in response to inquiries from the public about their registration and legitimacy.

    Market Infrastructure

    LIBOR Transition Presents Opportunity to Gain Market Share

    By Matthieu Sachot | 08/08/2019

    Financial institutions should be treating the LIBOR transition as an opportunity to strengthen client relationships and win market share, says Matthieu Sachot at Chappuis Halder & Co.

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