Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
Enforcement
ASIC Permanently Bans Another Former NAB Branch Manager
09/10/2018
The branch manager knowingly provided false or misleading information and documentation in loan applications and falsely attributed them to a relative for introducer commissions.
Market Infrastructure
New Platform for Northbound Trading Set for Mid-2019 – HKEX
08/10/2018
New information paper presents an overview of the migration of HKEX technology infrastructure for northbound trading under Stock Connect.
Capital / Liquidity
China Announces RRR Cut as Markets Resume Trading
08/10/2018
Announced at the end of a week-long national holiday, the RRR cut will free up $175bn in liquidity for banks to repay MLF funding and boost business lending.
Market Infrastructure
SWIFT gpi Analytics Tool to Improve Payments Optimisation
05/10/2018
New analytics tool will provide gpi members with actionable business intelligence and enable a better understanding of end-to-end payment flows.
Fintech / Regtech
ASIC Signs Fintech Cooperation Agreements with US, Luxembourg
05/10/2018
The US and Luxembourg join a string of international jurisdictions that have agreed to cooperate with ASIC in the development of their fintech and regtech sectors.
Market Infrastructure
BSE’s India INX Enables Access to CME Group of Exchanges
05/10/2018
New ‘Global Access’ platform enables access to cash and derivatives markets on international exchanges; connectivity with CME Group exchanges already established.
Market Infrastructure
S. Korea FSS Plan to Screen Financial Sector Executives Draws Critics
04/10/2018
Under the plan, CEOs and executives would face eligibility requirements on the basis of qualifications, a clean criminal record, and historical work performance.
Market Infrastructure
NZX Signs MoU with Shanghai Stock Exchange
04/10/2018
The NZX board is making a conscious effort to move away from a domestic focused strategy and to develop global links, said its chairman James Miller in a letter to shareholders.
Fintech / Regtech
Smart Contracts Can Improve Derivatives Market Efficiency – ISDA
04/10/2018
A new white paper by ISDA and King & Wood Mallesons proposes a practical framework for constructing smart derivatives contracts.
Market Infrastructure
ACCC Opens Inquiry into High Markup Currency Conversion Services
03/10/2018
The inquiry will examine why major companies in Australia, including the big four banks, seem to be able to consistently charge high prices, said ACCC chair Rod Sims.
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