United States

    Big Picture

    DLT Can Enhance Settlement Systems, But Not Replace Them

    By Manesh Samtani | 14/06/2019

    A new paper from Greenwich Associates says DLT cannot replace settlement infrastructure entirely without imposing the very costs it was designed to reduce.

    Fintech / Regtech

    Singapore: Progressing the Culture and Conduct Risk Agenda

    By Jeffrey Kupfer | 13/06/2019

    MAS is equipping itself with advanced tools that will allow for culture and conduct to be evaluated in a more systematic way, say Jeff Kupfer and Stephen Scott at Starling.

    Fintech / Regtech

    Philippines: Online Lenders to Adopt Code of Conduct

    By Editors | 08/06/2019

    The pledge comes after 48 online lenders were cited for using customers’ personal data to publicly shame people who did not settle their debts on time.

    Market Infrastructure

    Finance Should be a Force for Good: MAS

    By Garima Chitkara | 05/06/2019

    Financial institutions need to build trust, inclusivity and sustainability in order to be a force for good, MAS managing director Ravi Menon said in a speech on Monday.

    Securities / Derivatives

    Thailand Looks to Ease Listing Rules for SMEs

    By Editors | 30/05/2019

    Revising the listing rules will be a key agenda item at a 1 June meeting between the SEC and SET, as the current rules may be too restrictive for SMEs.

    Market Infrastructure

    Philippines Revises Framework Governing Bank Auditors

    By Editors | 29/05/2019

    The revised framework lays out criteria for banks to select external auditors as well as key guidelines for auditors in their assessment of banks.

    AML / KYC

    Five RCBC Bank Employees Charged with Money Laundering

    By Editors | 25/05/2019

    Five current and former bank employees have been charged with money laundering in the Philippines in connection with the 2016 Bangladesh Bank heist.

    Market Infrastructure

    Hong Kong-China Arbitration Arrangement a Boon for Lenders

    By Manesh Samtani | 22/05/2019

    The new arrangement enabling Hong Kong-seated arbitrations to seek interim measures from mainland courts represents a step forward for China’s offshore financiers.

    ESG / Sustainability

    Hong Kong: An Ecosystem Approach to Bank Culture Reform

    By Jeffrey Kupfer | 21/05/2019

    The HKMA is addressing culture and conduct risk by learning from other markets, engaging with other regulators, and exploring new technology, say Jeff Kupfer and Stephen Scott at Starling Trust.

    Enforcement

    Ex-JP Morgan Managing Director Charged with Bribery

    By Editors | 20/05/2019

    A former JP Morgan Securities managing director offered to employ the son of a potential client as a reward for “showing favour” in hiring the bank for IPO sponsor work.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.