Australia could be forced to increase its oversight of the US$4 trillion-a-day foreign exchange market in line with tougher United Kingdom rules.
The securities regulator has tightened rules for initial public offerings again, to the dismay of investment bankers who want the market to decide how shares are priced.
Hong Kong regulators are imposing strict financial rules four years ahead of their expected implementation under global standards on worries some banks may be vulnerable if Chinese economy weakens significantly.
Global regulators are issuing more than enough regulation to stop a recurrence of a global financial crisis, said Reserve Bank of Australia governor Glenn Stevens, as he cautioned that new potentially damaging threats to global stability could be overlooked.
China has cut the amount of cash reserves some lenders must hold at the central bank to boost lending to small businesses, in a move to stimulate its slowing economy.
Sharia insurer Allianz Life Syariah, part of insurance giant Allianz Indonesia, has warned that a new non-bank financial regulation to be issued by the Indonesia’s Financial Services Authority later this year may hurt the life insurer’s bancassurance business.
As Asia-Pacific markets move to integrate Basel III standards on intraday liquidity monitoring into local requirements, financial institutions are finding it a tool for risk management and mitigation.
Singapore Exchange (SGX) is proposing new rules for secondary listings in a bid to attract more companies to list on the exchange.
The International Organization of Securities Commissions (IOSCO) is urging regulators to come up with specific policy action that will encourage asset managers to rely less on credit rating agencies (CRA).
Taiwan's central bank warned of rising risk from China amid a slowing economic growth in the mainland which could adversely impact the financial sector.