China Suspends IPO Listings

05/07/2015

China has suspended all initial public offerings in an effort to preserve market liquidity and halt the stock market’s recent plunge.

Australia Financial Planning Sector Reforms to be Announced in August

04/07/2015

Reforms to lift ethics, education and professionalism in the scandal-ridden financial planning industry are set to be released in August.

India to Restrict Trading Speeds for Algorithmic Traders

03/07/2015

The Securities and Exchange Board of India is working on rules to strengthen regulation of algorithmic trading and create a level playing field for investors.

SEBI Warns Mutual Fund Industry for High Fees

03/07/2015

India’s capital markets regulator has come down heavily on mutual fund players over the higher agency commissions they charge from customers, warning of punitive and corrective actions.

Regulator to Respond on Raising Capital Levels at Australian Banks

03/07/2015

The Australian Prudential Regulation Authority is expected to respond this month (July) to Financial System Inquiry recommendations urging it to increase bank capital.

Securities / Derivatives

Indonesia Bans Foreign Currencies in Domestic Transactions

02/07/2015

Indonesia’s central bank has banned the use of foreign currencies for domestic transactions to control onshore demand for dollars and ease downward pressure on the rupiah, effective on July 1.

Singapore Allows Banks to Test Fintech Innovation Without Seeking Approval

02/07/2015

The Monetary Authority of Singapore said financial institutions are free to test certain digital innovations without the approval of the regulator, while announcing other initiatives aimed at boosting the fintech sector.

MAS Consults on Proposed Regulations for OTC Derivatives Clearing

02/07/2015

The Monetary Authority of Singapore has issued a consultation paper on proposed regulations for central clearing of over-the-counter derivative contracts.

IOSCO Publishes Consultation Paper on Fees and Expenses of Investment Funds

01/07/2015

The International Organization of Securities Commissions (IOSCO) has published a consultation report proposing an updated set of common international standards of best practice for investment funds.