Regulatory & Compliance

China's three largest bitcoin exchanges said on Thursday, 9 October, they will strengthen oversight of customers' identities and sources of funds, in the latest shift since the Chinese central bank...
February 2017
This will be a positive year for the Asia-Pacific region as it is set to benefit from the political and regulatory uncertainty in the UK, Europe and the Americas. International firms will be...
February 2017
The final version of the standardised measurement approach ("SMA") for calculating operational risk capital, expected to be released next month by the Basel Committee on Banking Supervision, may not...
February 2017
The world's $544 trillion derivatives market warned on Tuesday, 7 February, of potential market disruption unless national regulators grant a six-month phase-in for a new rule requiring trades to be...
February 2017
The late disclosure of price-sensitive information to the market is not impacted by whether or not trading in the shares of a listed company is suspended, Hong Kong's Market Misconduct...
February 2017
In recent years, numerous dual-listed Hong Kong companies have decided to delist from their secondary listing markets. The main reasons for their decision to delist are (1) to enhance liquidity by...
February 2017
Chinese banks are hiring blockchain experts as the government pushes use of the technology behind bitcoin to increase transparency and combat fraud in its financial sector. Lenders have struggled...
February 2017
Over-the-counter derivatives markets in Asia will see a number of significant rule implementations this year as the scope of mandatory clearing and reporting continues to expand. Geopolitical...
January 2017
A recent leaked Basel Committee on Banking Supervision document on the proposed capital floor rules for calculating risk-weighted assets using internal risk-based ("IRB") models shows...
January 2017
China Merchants Bank ("CMB") will next week sharply tighten eligibility rules for mainlanders to open accounts at its Hong Kong branches, the latest move by Chinese lenders to curb...
January 2017
Hong Kong's securities regulator has filed a suit against Standard Chartered Plc, UBS Group AG and four other parties over the 2009 IPO of timber company China Forestry Holdings Co Ltd ,...
January 2017
Hong Kong's planned "Manager-In-Charge" regime, due to take effect later this year, will be a good opportunity for firms to evaluate whether their organisational structures and reporting lines...
January 2017
Hong Kong's securities regulator said brokers in the city had suffered cyber attacks and warned of possible further incidents across the industry. Regulators in Hong Kong have...
January 2017
Trade-based money laundering ("TBML") continues to be a growing concern to the Financial Action Task Force ("FATF") and regulators in Asia, a consultant said. Enhanced due diligence ("EDD") on...
January 2017
On 3 September 2016, China's Standing Committee of the National People's Congress passed a new resolution (the “2016 NPC Resolution”), which abolished the country’s three-decade-long approval regime...
January 2017
The Hong Kong Monetary Authority ("HKMA") has published plans for a revised securitisation structure, implementing changes made by the Basel Committee on Banking Supervision to its...
January 2017
The willingness of US President Donald Trump to take on global corruption will be a big regulatory question looming over his new administration. He assumes office having done business in high-...
January 2017
International standard-setting bodies for financial regulation could find it harder to achieve their intended results in future as political movements threaten to remove the consensus such bodies...
January 2017
The People's Bank of China has announced a tightening of requirements relating to transaction monitoring and reporting of suspicious transactions. The amended rules were announced in late...
January 2017
Expatriate investors in Asia have lost hundreds of millions of dollars through UK-listed life insurance companies whose offshore subsidiaries and financial adviser "agents" were neither registered...
January 2017