The Hong Kong Monetary Authority has asked Beijing to lift the cap on the amount of yuan local residents can convert as part efforts by the city's de facto central bank to boost the amount of mainland currency in the...
Hong Kong regulators are seeking industry views on recommendations to improve a scheme that provides a financial safety net for depositors in the event of a banking crisis.
The increasingly high number of businesses that were dissolved in the first seven months of the year has weighed on operations of local banks, raising lenders’ bad debt ratio in the period.
Hong Kong has sold its first ever sovereign Islamic bonds, raising $1 billion amid strong demand for the landmark offering.
Singapore Exchange (SGX) and Taiwan Stock Exchange (TWSE) will enter a letter of intent to study and work towards linking the two stock markets.
The Securities and Exchange Board of India is preparing the ground for the launch of municipal bonds, a popular debt instrument issued by local governments globally.
Market authorities worldwide are broadly compliant with the universally accepted principles governing the oversight of commodity derivatives market, according to a report by the International Organization of Securities Commissions.
Australia’s businesses have cautioned the financial system inquiry that forcing “too-big-to-fail” banks to hold more capital could drive up borrowing costs for business.
In a sign of an increasing regulatory pressure for financial institutions in Asia Pacific, regulatory onboarding, entity data and client lifecycle management solutions provider Fenergo is expanding in the region.
Foreign-owned retail bank branches in the UK, including some Indian ones, could be forced to close down in a crackdown on overseas banks with the aim to protect the British economy from a global crises.