
Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
Market Infrastructure
New Directive for Indian AMCs a Boost for Offshore Fund Flows
23/05/2019
Indian asset management companies serving offshore funds as advisers will now be entitled to tax benefits which will enable them to take up direct fund management of offshore funds.
Securities / Derivatives
SEBI Permits Mutual Funds to Trade Commodity Derivatives
23/05/2019
Mutual funds will be allowed to trade exchange-traded commodity derivatives, but cannot invest in physical goods, except through gold ETFs.
Capital / Liquidity
Bangladesh Eases Banks’ Stock Exposure Rules to Free Up Capital
22/05/2019
In a bid to boost banking system liquidity, the central bank has excluded investments in non-listed securities from banks’ capital market exposure calculations.
ESG / Sustainability
Japan TCFD Consortium Set for 27 May Inauguration
22/05/2019
The Consortium will serve as a platform to pursue climate-related financial disclosures and decide how the disclosed information will be used in investment decisions.
Enforcement
Former DBS Hong Kong Sales Rep Jailed for Loan Fraud
22/05/2019
A former sales representative of DBS Bank in Hong Kong was last week sentenced to 14 months’ imprisonment for defrauding the bank of loans and commissions.
Market Infrastructure
MAS Proposes Consolidated Regulation, Licensing for Merchant Banks
22/05/2019
MAS is consulting on proposals to consolidate regulation of merchant banks under the Banking Act, and to move them to a licensing regime.
Fintech / Regtech
SEBI Publishes Capital Markets Sandbox Framework
22/05/2019
SEBI’s sandbox framework for capital markets innovation comes just weeks after the RBI released its own sandbox framework for banking and payment services.
Capital / Liquidity
APRA Proposes Loosening of Mortgage Rules
22/05/2019
APRA proposes to give ADIs more flexibility in the way they assess mortgage loan serviceability, while also increasing the maximum borrowing capacity for a given borrower.
Capital / Liquidity
RBNZ Closes Bank Capital Consultation, NZBA Calls for Rethink
22/05/2019
The RBNZ’s capital proposals have been under fire since December. The NZBA is the latest to call for a rethink of the capital rules, citing economic costs estimated over NZ$1.8bn a year.
Securities / Derivatives
China to Pilot Cross-Market Bond Index Funds
22/05/2019
The CSRC and PBOC are planning to launch pilot bond index mutual funds that can be traded either on stock exchanges or the interbank market.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team