China continued to liberalise its domestic capital market by scrapping quotas that limited investments.
The People’s Bank of China will soon release new regulations to regulate Internet finance and promote its healthy development.
Indian Banks have started to use credit bureaus to perform identity and background checks as part of their KYC procedures.
The Securities and Exchange Board of India says it is not comfortable with forward contracts on the commodity exchanges it will soon be expected to regulate.
The Australian Prudential Regulation Authority expects major banks will need to increase capital ratios by at least 2 percent to achieve the capital standards recommended by the Financial System Inquiry (FSI).
The start of the first Level 3 assessment of the implementation of the Principles for financial market infrastructures.
The Board of the International Organization of Securities Commissions on July 9 published a report providing recommendations for regulators to facilitate capital raising by small and medium sized enterprises in emerging markets.
Australian financial services firm AMP Ltd has publicly criticised Chinese regulators for contributing to the panic sell-off in mainland equities.
The Australian Investments & Securities Commission is pushing to reform laws to allow super funds to pledge their assets as collateral, in a bid to help them reduce dealing costs associated with currency hedging.
The Securities Commission Malaysia has liberalised its rules governing the fund management industry by allowing the establishment of boutique fund management companies through a more facilitative structure.