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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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