ASIC Extends Deadline for Phase 3B Reporting Entities

11/10/2015

The Australian Securities and Investment Commission has extended the deadline for Phase 3B Reporting Entities to start reporting derivative transactions until December 4, 2015.

Singapore Consults on LCR Disclosure Requirements

11/10/2015

The Monetary Authority of Singapore has issued a consultation paper on a set of proposed disclosure requirements to complement the Liquidity Coverage Ratio requirement for banks.

Hong Kong Considers Centralised Fund Platform

11/10/2015

The Hong Kong Securities Association is holding talks with Hong Kong Exchange and Clearing Limited to evaluate the possibility of launching a centralised fund platform.

China to Boost Lending to Venture Capital-Backed Startups

11/10/2015

The China Banking Regulatory Commission is working on trial measures to encourage banks to make long-term loans to startup technology companies that are financed by venture capitalists.

Industry Endorses Intraday Liquidity Reporting Guidelines

10/10/2015

SWIFT has announced that the Payments Market Practice Group has endorsed the use of its messages for intraday liquidity reporting as required by the Basel Committee on Banking Supervision.

China Launches New Interbank Payment System

10/10/2015

The People’s Bank of China has launched the China International Payment System, a cross-border interbank payment system to facilitate yuan clearing transactions.

SEBI Directs Exchanges & Clearing Corps to Boost Capacity

10/10/2015

Stock exchanges and clearing corporations directed to increase their installed capacity for trading, clearing and settlement.

IOSCO Board Meets to Discuss Key Priority Areas

09/10/2015

The Board of the International Organization of Securities Commissions met in Toronto to reinforce IOSCO’s position as the key global reference point for financial services and markets regulation.

Institutional Banks Struggle with Cross-Border Compliance and Entity Data Management

08/10/2015

New research by Fenergo and Aite Group has found that institutional banks are struggling to manage regulatory compliance and entity data management obligations across multiple jurisdictions.