Managing Upstream Risk

PwC’s Regulatory Reform Review: An Asian perspective

April 2015

What to look forward to in the April 2015 issue:

  • MAS has released updates to AML/CFT regulations, further aligning local AML/CFT standards with FATF recommendations and international best practices
  • Further integration of the ASEAN banking sector with the signing of the ASEAN framework agreement on services
  • Establishment of a streamlined review framework for the ASEAN common prospectus, facilitating multi-jurisdiction offerings of securities in ASEAN
  • Review of stress testing of central counterparties to be carried out by CPMI-IOSCO
  • China rolls out its first deposit insurance scheme, and debuts a new risk-based solvency model for Chinese insurers.

 

 

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