Lenders will no longer need prior approval to make equity investments if they have a capital risk-weighted asset ratio exceeding 10 percent and have made a profit in the previous financial year.
The International Organisation of Securities Commissions has issued its second review of the Implementation of the Oil Price Reporting Agencies Principles.
Pakistan is considering creating a Council of Financial Regulators that will provide a forum for open dialogue and discussion between regulators on financial markets.
Final report published from the IOSCO Task Force on Cross-Border Regulation.
The International Swaps and Derivatives Association has launched a new industry data project aimed at developing an open-source global standard derivatives product identification system.
The Reserve Bank of India is planning to restrict the numbers of members in the Joint Lenders’ Forum in a bid to ease the difficulties banks often face in resolving distressed assets.
The International Monetary Fund urges for continued regulatory reforms to enhance supervision and improve corporate governance to mitigate risks.
China is looking to extend its control over its onshore markets to commodities exchanges amid signs that speculators have shifted from stock markets to commodities futures.
A China Securities Regulatory Commission official has been placed under investigation for his high-profile role in China’s stock market rescue effort.
FSC implements new guidelines to ensure the effectiveness of internal controls and compliance functions in the banking sector.