Editors, Regulation Asia

Posts By Editors, Regulation Asia

• Australia & NZ

  New Zealand Regulator Issues DIMS Licensing Guide for Smaller Advisory Firms

  Commerce Minister Craig Foss has announced changes to the regulation of discretionary investment management services to help smaller financial advisers obtain the service license.

• Australia & NZ

  Australia’s Fund Managers to Pursue Asia Region Funds Passport in S. Korea

  Australia’s top fund managers will lead high level discussions with South Korean officials and chief executives on how they can develop closer ties in financial services.

• Securities & Trading

  Vietnam State Bank Imposes Fee on Cash Deposits

  The State Bank of Vietnam has proposed new rules that would allow local banks to collect fees on cash deposits, in a move to limit cash transactions.

• India

  India’s SEBI Asks Depository Participants to Share FPI Information with Banks

  Market regulator Securities and Exchange Board of India has asked depository participants to share information about foreign portfolio investors with banks, as part of efforts to harmonise norms focused on client information.

• Korea

  S. Korea to Keep Current Forex Policy Under New Finance Minister

  South Korea's foreign exchange policy will remain unchanged under the new economic team to be led by the finance minister nominee, according to a senior government official.

• Malaysia

  Malaysia’s Central Bank, Competition Commission Sign Cooperation Agreement

  Bank Negara Malaysia and the Malaysia Competition Commission have agreed to collaborate in areas of common regulatory objectives.

• Countries

  Singapore Regulator to Launch RMB Liquidity Facility

  The Monetary Authority of Singapore will launch a facility providing overnight Renminbi (RMB) liquidity to financial institutions in Singapore from July 1.

• Hong Kong

  Hong Kong Regulator Conducts Business Continuity Drills with Banks

  The Hong Kong Monetary Authority has conducted a drill with banks on business continuity plans (BCP) to test the reliability and stability of the communications between the back-up offices of the regulator and the lenders.

• Securities & Trading

  Philippine Senate Okays Bill Allowing Full Foreign Ownership of Banks

  The Philippine Senate has approved a bill seeking to expand the participation of foreign banks in the Philippine financial sector.

• China

  China Mulls New Approach to Banks’ Loan-to-Deposit Ratio

  The China Banking Regulatory Commission (CBRC) is considering a more flexible approach to determining the loan-to-deposit ratio so banks can have more money to lend to businesses, an official with the regulator says.