United States

    AML / KYC

    Japan’s MUFG in Ongoing AML Probe by New York Regulators

    By Manesh Samtani | 23/11/2018

    The probe has been ongoing since late 2017, where MUFG is alleged to have intentionally ignored internal controls meant to prevent it doing business with sanctioned entities.

    Crypto / Digital Assets

    Regulation Asia Awards for Excellence 2018 – Results Announcement

    By Editors | 16/11/2018

    Regulation Asia held its first ever Awards ceremony on 13 November to recognise technology companies, legal and consulting firms, and exchanges that have helped shape the regulatory landscape in Asia Pacific over the past year.

    Market Infrastructure

    FSB Issues Progress Report on Interest Rate Benchmark Reform

    By Manesh Samtani | 15/11/2018

    The FSB notes progress to strengthen major IBORs and identify RFRs and other alternative reference rates, highlighting actions taken in Australia, Hong Kong and Singapore.

    Fintech / Regtech

    MAS, SGX Develop DvP Prototypes for Settlement of Tokenised Assets

    By Editors | 12/11/2018

    MAS and SGX have developed delivery versus payment capabilities for the settlement of tokenised assets across different blockchain platforms, which they say can help simplify post-trade processes and further shorten settlement cycles in capital markets.

    Market Infrastructure

    DTCC Enters Test Phase on DLT Project for Credit Derivatives

    By Manesh Samtani | 08/11/2018

    The initiative to re-platform DTCC’s Trade Information Warehouse will “revolutionise the derivative industry’s credit market infrastructure”, says DTCC’s Chris Childs.

    Securities / Derivatives

    Shanghai Stock Exchange to Launch New Technology Board

    By Manesh Samtani | 06/11/2018

    Announced by President Xi Jinping, the new science and technology board will subject innovative enterprises to different profitability and ownership requirements.

    Market Infrastructure

    Delivering Value from OTC Derivatives Repository Data

    By Oliver Williams | 29/10/2018

    DTCC’s Oliver Williams explores the use cases of enhanced trade repository data, as Asia’s regulators and institutions seek even greater transparency of OTC derivatives markets.

    Market Infrastructure

    DLT Can Process Peak Equity Trading Volumes – DTCC

    By Manesh Samtani | 18/10/2018

    The results of the study prove that distributed ledger technology’s performance can scale to meet the needs of markets of different sizes and maturity, says DTCC’s Murray Pozmanter.

    Market Infrastructure

    HKEX to Roll Out Nasdaq Real-Time Risk Technology

    By Manesh Samtani | 10/10/2018

    The technology provides HKEX with a single point-of-entry for risk management across its markets and enables CCPs more efficient operations and regulatory compliance.

    Fintech / Regtech

    ASIC Signs Fintech Cooperation Agreements with US, Luxembourg

    By Editors | 05/10/2018

    The US and Luxembourg join a string of international jurisdictions that have agreed to cooperate with ASIC in the development of their fintech and regtech sectors.

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