China will allow local governments to convert up to 1 trillion yuan ($160 billion) in debt into low-interest municipal bonds in a bid to ease the country’s massive debt burden.
Hong Kong’s upcoming cross-border stock trade with Shenzhen will include stocks on the high-growth small and medium enterprise (SME) board, and also possibly stocks listed on ChiNext, a NASDAQ-style board.
Philippine central bank is increasing surveillance on shadow banking to ensure the stability of the financial system.
The Securities and Exchange Board of India (SEBI) plans to attract a larger number of retail investors towards capital markets, develop a vibrant bond market and create a unified regulatory regime for all segments of derivatives, including commodities.
Interest among potential foreign issuers in Thailand’s bourse builds up as the country inches towards releasing new rules allowing foreign firms to list in its stock market.
The government has proposed to take away money market regulatory powers from the central bank and move it to the Securities and Exchange Board of India (SEBI) under amendments to the Reserve Bank of India (RBI) Act.
As part of reforms that will permit financial institutions to conduct mixed businesses, China plans to issue banks with brokerage licenses, Reuters reported.
Financial Services Commission chairman-nominee Yim Jong-yong is against relaxing rules that ban conglomerates from holding a major stake in South Korean banks.
The Reserve Bank of New Zealand proposes to amend existing rules by requiring all locally incorporated banks to include residential property investment mortgage loans in a specific asset sub-class, and hold appropriate regulatory capital for those loans.
Conduct-related risks are an emerging regulatory frontier for risk, compliance and operations in financial institutions, says a new report.