The Financial Services Authority (OJK) said it will strengthen its intermediation function and work toward the stability of the financial services sector in support of export-based industries and other "productive sectors."
The Foreign Account Tax Compliance Act (FATCA) may be delayed again by another six months due to pending intergovernmental agreements between the U.S. and other countries.
The Securities and Exchange Board of India (SEBI) is enhancing monitoring requirements and easing certification norms for employees of intermediaries as local exchanges launch interest rate futures this month.
The committee, tasked to oversee governance of boards at local banks, will be chaired by Shri P. J. Nayak, former Chairman and CEO of Axis Bank.
With only six months to go until full implementation of the Alternative Investment Fund Managers Directive (AIFMD) on July 22nd, fewer than 20% of alternative investment fund managers (AIFMSs) have submitted an application to their local regulator for AIFMD authorisation,...
The expansion plans of Malaysia-based CIMB Group and Philippines-based BPI (Bank of the Philippine Islands, rated BBB-), and their transition to Basel III, is driving them to raise capital, says Fitch Ratings.
Regulation Asia spoke with James Stewart, the General Manager for Asia-Pacific Compliance at Wolters Kluwer Financial, to find out how banks can make changes more effectively in order to meet the new requirements.
A federal court rules that U.S. banks must report to foreign governments on the holdings of citizens in line with FACTA.
Commodities market watchdog Forward Markets Commission is refining rules for trading commodity futures to lure market participants.
Changes made by US regulators to the Volcker rule in December could constrain liquidity in Asia’s immature capital markets and put Wall Street firms at a disadvantage to local competitors.