The Monetary Authority of Singapore has cited unfair tax treatments as its reason for not moving forward with the Asia Region Funds Passport scheme.
The Australian Prudential Regulatory Authority has said banks will need to fund themselves with more expensive long-term debt over time to reduce risk to the financial system.
The Securities and Exchange Board of India has asked fund managers to explain their rationale for corporate bond investments and closely monitor recently-downgraded companies they hold.
Financial Supervisory Service announces various measures to improve consumers’ ability to compare lending rates posted online by financial institutions.
The Hong Kong Monetary Authority (HKMA) has issued a circular to financial institutions highlighting the importance of proper cybersecurity risk management and provide general guidance on the matter.
The Board of the International Organisation of Securities Commissions has published its final report on Sound Practices for Investment Risk Education.
The Singapore Exchange has announced the launch of a new Listings Advisory Committee, a Listings Disciplinary Committee and a Listings Appeals Committee, effective from October 7.
The China Insurance Regulatory Commission has issued new guidelines for insurance companies on the establishment of private equity funds that can invest in key industries supported by the government.
Indonesia’s Financial Services Authority will soon revise its banking IT systems rules in an attempt to counter rising digital crime on banks.
The Australian Securities and Investment Commission has identified compliance failures by responsible entities and superannuation trustees.