S. Korea Regulator to Task Overhaul of Debt-Laden Companies

21/09/2015

South Korea’s Financial Services Commission will charge a leading bad asset management firm to overhaul debt-laden companies in an effort to speed up the country’s corporate restructuring program.

Securities / Derivatives

Malaysia Receives FATF Praise for AML/CTF Efforts

21/09/2015

The Financial Action Task Force has issued a report praising Malaysia’s legal framework for anti-money laundering and counter-terrorist financing standards.

India Relaxes Equity Investment Norms for Banks

20/09/2015

Lenders will no longer need prior approval to make equity investments if they have a capital risk-weighted asset ratio exceeding 10 percent and have made a profit in the previous financial year.

IOSCO Publishes Second Implementation Review of Oil PRA Principles

20/09/2015

The International Organisation of Securities Commissions has issued its second review of the Implementation of the Oil Price Reporting Agencies Principles.

Securities / Derivatives

Pakistan Regulators Collaborate on Supervision

20/09/2015

Pakistan is considering creating a Council of Financial Regulators that will provide a forum for open dialogue and discussion between regulators on financial markets.

IOSCO Publishes Report on Cross-Border Regulation

20/09/2015

Final report published from the IOSCO Task Force on Cross-Border Regulation.

ISDA Launches New Initiative for Derivatives Product Identification Standard

20/09/2015

The International Swaps and Derivatives Association has launched a new industry data project aimed at developing an open-source global standard derivatives product identification system.

RBI to Cap Members in Lending Consortium

19/09/2015

The Reserve Bank of India is planning to restrict the numbers of members in the Joint Lenders’ Forum in a bid to ease the difficulties banks often face in resolving distressed assets.

Securities / Derivatives

Cross-Border Flows Present Banking Risk, Says IMF

19/09/2015

The International Monetary Fund urges for continued regulatory reforms to enhance supervision and improve corporate governance to mitigate risks.