The Australian Prudential Regulation Authority expects major banks will need to increase capital ratios by at least 2 percent to achieve the capital standards recommended by the Financial System Inquiry (FSI).
The start of the first Level 3 assessment of the implementation of the Principles for financial market infrastructures.
The Board of the International Organization of Securities Commissions on July 9 published a report providing recommendations for regulators to facilitate capital raising by small and medium sized enterprises in emerging markets.
Australian financial services firm AMP Ltd has publicly criticised Chinese regulators for contributing to the panic sell-off in mainland equities.
The Australian Investments & Securities Commission is pushing to reform laws to allow super funds to pledge their assets as collateral, in a bid to help them reduce dealing costs associated with currency hedging.
The Securities Commission Malaysia has liberalised its rules governing the fund management industry by allowing the establishment of boutique fund management companies through a more facilitative structure.
Vietnam’s banking sector is looking to meet standards for operational risk management and anti-money laundering in line with international practices.
The Securities and Exchange Board of India is considering taking action against asset management companies that are transferring assets from one mutual fund scheme to another at unfair valuations.
The China Banking Regulatory Commission is looking to stabilise the markets by urging banks to roll over loans backed by shares.
The State Bank of Vietnam has announced it will lift 2015 credit growth targets for a number of domestic and foreign banks to support economic growth.