United States

Data Privacy

Philippines Moves to End Abusive Practices by Fintech Lenders

By Editors | 18/09/2019

A code of ethics and code of conduct have been adopted by members of FinTechAlliance.ph prohibiting the harassment and shaming of delinquent borrowers.

Trading & Investment

SGX Annual Report Highlights Rising Interest from Global Investors

By Manesh Samtani | 13/09/2019

SGX is exploring how new technologies can further add value for customers and improve operations, while its regulatory arm seeks a stronger presence and oversight.

Clearing & Post-Trade

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.

Structural Regulation

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.

Structural Regulation

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.

Supervision & Enforcement

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.

Anti-Bribery & Corruption

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.

Structural Regulation

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.

PEPs & Sanctions

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.