Asia

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
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
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
Regulators in the major Asia-Pacific financial centres will continue their supervisory focus on trade-based money laundering in the year ahead, officials said. Authorities in Singapore and Hong...
January 2017
Singapore has proposed new rules that would require investors to report short sales of shares – a further sign authorities are stepping up scrutiny of investors who take a negative view on...
December 2016
The alignment of interests between central counterparty clearing houses and market participants, the suitability of recovery tools and determining when a resolution authority should step in are the...
November 2016
The new requirement to post variation margin for non-centrally cleared derivatives is expected to present significant challenges to financial institutions, particularly the sell side, which may lack...
November 2016
Chi-X Japan, the Tokyo-based share trading platform owned by Chi-X Asia Pacific, is set to launch an anonymous off-exchange market known as a "dark pool" in a bid to grab more business from the Tokyo...
October 2016
The Basel Committee on Banking Supervision's ("BCBS") newly-proposed methodology for calculating risk-weighted assets for credit, market and operational risks will increase banks' overall capital...
October 2016
Regulators are limited in how far they can accommodate FinTech innovations by the legislation they operate under, said Philippa Allen, chief executive of consultancy ComplianceAsia. FinTech...
September 2016
Trade financing and dual-use goods will be an area of heightened regulatory focus across the Asia-Pacific region in coming years as governments take a harder line on money laundering, terrorist...
September 2016
In recent years, international arbitration has emerged as a high-growth area for the litigation funding industry. All the major funders now have international arbitration cases in their portfolios,...
September 2016
The beginning of the phase-in period for collecting and posting margin against non-centrally cleared derivatives trades will prove challenging for financial institutions in Asia, the Thomson Reuters...
September 2016
As regulators across the Asia-Pacific region embrace the concept of technology sandboxes they need to ensure that they do not create a "free for all" that undermines fundamental regulatory principles...
July 2016
Singapore is rushing to reinvent itself as Asia's financial technology, or FinTech, hub to fend off a regulatory threat to its wealth management industry and revive a sluggish economy. State...
July 2016
On 15 April, The Law Society held a luncheon entitled “Hong Kong: A Borderless Trade and Investment Environment for ‘Going Global’” on the occasion of Inter-Pacific Bar Association's (“IPBA”) 26th...
June 2016
Macau has introduced new anti-money laundering rules for its $29 billion casino industry, the world's biggest, adding to costs for operators at a time when revenues have slumped to five-year lows...
June 2016
Increased levels of debt restructuring point to a broader pattern across Asia and underscore the need for active liability management. While speculation about debt build-up will naturally be...
June 2016
Regulators in Hong Kong and Singapore have asked banks doing business there to disclose if they have dealings with entities and individuals named in the leaked 'Panama Papers', which...
June 2016
A number of financial institutions have started to move assets off their balance sheet using different accounting treatments in an attempt to reduce their leverage and avoid high capital charges,...
May 2016