Financial Services Commission chairman-nominee Yim Jong-yong is against relaxing rules that ban conglomerates from holding a major stake in South Korean banks.
The Reserve Bank of New Zealand proposes to amend existing rules by requiring all locally incorporated banks to include residential property investment mortgage loans in a specific asset sub-class, and hold appropriate regulatory capital for those loans.
Conduct-related risks are an emerging regulatory frontier for risk, compliance and operations in financial institutions, says a new report.
The Reserve Bank of Australia has asked the Australian Securities and Investments Commission to investigate sharp movements in the Australian dollar in the minute before the March interest rates policy decision was announced on Tuesday afternoon.
Securities market authorities from Singapore, Malaysia and Thailand have agreed to allow cross-border capital raising, aimed at deepening economic relationships among members of the southeast Asian nations.
Australian banks and tech companies are providing $2 million in funding to launch the country's first fintech innovation hub in Sydney this May.
The Securities and Futures Commission (SFC) has released new norms on responsible company ownership by investors, urging them to have clear policies on voting and managing conflicts of interests.
Luxembourg's Financial Sector Surveillance Commission has given its go-ahead for more funds to invest in the Shanghai-Hong Kong cross-border stock scheme and more such approvals are likely soon.
For many in the investment and trading community, SGX chief executive Magnus Bocker’s impending departure in June represents the perfect time for the monetary authority to scrap the bourse’s regulatory role and establish an independent financial watchdog, reports Reuters.
A regional pact allowing a cross-border offering of funds within Asia Pacific is on track for implementation as Singapore and neighbouring nations in Asia Pacific issue new rules to govern the scheme.