Posts By Editors, Regulation Asia
-
Hong Kong
Hong Kong, France to Cooperate in Offshore Renminbi Trade
The Hong Kong Monetary Authority and Banque de France have signed an agreement to cooperate in enhancing the offshore renminbi business between the two jurisdictions.
-
China
China Allows Direct Trading of Renminbi, Singapore Dollar
China has allowed the direct trade between its currency and the Singapore dollar, helping to boost business ties between the two economies.
-
Hong Kong
Hong Kong to Implement Revised Capital and Liquidity Rules for Banks
Hong Kong Monetary Authority has issued the revised capital and liquidity rules for the banking sector in view of the second phase of Basel III requirements which will take effect from January next year.
-
China
HKEx Says No Firm Schedule for Shanghai-HK Stock Connect
The Hong Kong Exchanges and Clearing said there is no firm date for the launch of the much-awaited cross-border stock trading scheme between the Hong Kong and Shanghai bourses.
-
Securities & Trading
Philippine Regulator Hikes Minimum Capital for Banks
Philippines’ central bank has raised the minimum capital requirement for all banks in a bid to boost the country’s banking system.
-
India
India’s SEBI Allows Some Brokers to Take Proprietary Positions in FX Trade
India's securities regulator said stock brokers that are not with banks can take proprietary positions in currency derivatives as long as they do not exceed 15% of total open interest or not over $50 million.
-
Hong Kong
Asian Banks, Investors Request Notice on Cross-Border Stock Trade
Regulatory concerns surrounding the Shanghai-Hong Kong stock connect including the issue of tax on share gains have compelled asset managers and banks to ask the city’s regulator for a month’s notice before implementing the cross-border stock scheme.
-
Australia & NZ
Australia Eyes Real-time Pay Methods
The Reserve Bank of Australia and the banking industry are looking to change the payment methods in the country to deliver real-time, accessible fund transfers to the community.
-
China
Hong Kong, China Sign Cooperation Ahead of Cross-border Stock Scheme
The Securities and Futures Commission and the China Securities Regulatory Commission have signed an agreement to strengthen cross-boundary regulatory and enforcement cooperation ahead of the implementation of the Shanghai-Hong Kong Stock Connect scheme.
-
International
IOSCO, CPMI Issue Report on Recovery of Financial Market Infrastructures
Financial market infrastructures, which include payment systems and central securities depositories, are urged to develop a recovery plan to ensure that they can offer critical services to the market even during a crisis and avert any systemic disruptions.
