The Australian Securities and Investments Commission’s investigation on UBS, a key adviser on the privatisation of NSW Coalition, now involved interviews with top officials at the bank including its Australia chief executive Matthew Grounds.
China’s tougher rules on margin trading sent shares lower on Monday overshadowing the central bank’s decision to implement its biggest cut in the banks’ reserve requirement ratio (RRR) since November 2008.
China’s securities regulator has tightened rules on margin lending and promoted the use of short-selling in an apparent effort to take some heat off a soaring market.
Indonesia’s Financial Services Authority (OJK) has signed an agreement boosting cooperation with South Korea’s Financial Supervisory Service (FSS) in overseeing the financial industry.
Operational, jurisdictional silos hinder Asia’s collateral efficiency. An exclusive roundtable hosted by Regulation Asia with DTCC.
The Australian Securities and Investments Commission (ASIC) is investigating some of the country's biggest wealth managers for charging clients for financial advice even when no advice has been provided.
Taiwan's Financial Supervisory Commission (FSC) has asked banks to increase their allowance for risk exposure when they extend credit and establish short term trade balances with Chinese banks.
Trade groups from the US, Europe and Japan urged China to suspend guidelines that may shut out foreign technology suppliers in the country’s banking industry.
China’s State Council has approved a plan to reform China Development Bank and two other lenders to make them more responsive in funding initiatives in line with the country's growth policies.
Austria, Spain and South Korea have been recognized as founding members of the China-led Asia Infrastructure and Investment Bank (AIIB), the Chinese Finance Ministry said.