ASIFMA, together with Standard Chartered and Thomson Reuters, launched a white paper that calls for the opening up of China’s capital markets and the internationalisation of the renminbi (RMB).
Hong Kong and the United States have concluded discussions on an inter-governmental agreement that will facilitate Hong Kong financial institutions' compliance with the US Foreign Account Tax Compliance Act.
The Financial Services Authority (OJK) says it will coordinate closely with Bank Indonesia (BI) to improve the banking system in the country.
Hong Kong Exchanges and Clearing (HKEx) has received approval from the US Commodity Futures Trading Commission (CFTC) to clear over-the-counter derivatives for US clients.
China issued new, detailed rules governing initial public offerings, in a move that may pave the way for new listings on mainland markets soon.
India’s market regulator and the country’s Financial Intelligence Unit have agreed to work together on combating money laundering and terrorism finance.
Crowd-funding that allows people to raise money for loans, causes, or projects through the web pose potential regulatory compliance issues and other investment risks.
Australian Prudential Regulation Authority has told banks it will stop allowing lenders to use non-recourse debt to bolster their Tier 1 capital requirements.
Chinese banks are faced with increasing risks born out of shadow banking, local government debt, bad loans, and looming house price declines.
Australia’s securities regulator has outlined ongoing and new initiatives to cut red tape and lower compliance costs for market participants.