China has issued stricter guidelines to regulate Internet finance, calling for enhanced supervision of the sector while also pledging to support its development.
The Monetary Authority of Singapore has outlined Singapore's anti-money laundering regime, reiterating its commitment to safeguarding its financial system.
Zhu Guangyao believes that the supervision and the development of new regulatory frameworks will make it possible to weather any future market turbulence.
The China Securities Regulatory Commission is tightening oversight of the widely-used HOMS trading platform, which is seen to have facilitated stock investors borrowing money outside approved margin lending channels and aiding recent wild fluctuations on the A-share market.
The Securities and Exchange Board of India has issued a circular asking stock exchanges to penalise brokers placing erroneous orders and to discourage frivolous trade annulment requests.
The Financial Stability Board has said it would focus on addressing risks to market liquidity posed by the activities of asset managers rather than on imposing capital and liquidity requirements on the institutions themselves.
Major Australian banks have been preparing for higher capital requirements, with National Australia Bank (NAB) now possessing the sector’s highest capital ratio.
The finance ministry and the central tax department board may soon issue clarifications on tax treatment making it easier for fund managers operating large India-dedicated funds to set up an office in the country.
Focus on understanding the commodities markets with an emphasis on averting crisis before taking up developmental issues.
Bursa Malaysia has on introduced enhancements to listing requirements for its ACE Market in a bid to incentivise more small and medium enterprises to list.