China Calls for More Lending to Infrastructure and Regional Development Projects

24/08/2015

China’s banking regulator and top economic planner have jointly issued new guidance aimed at supporting infrastructure and regional development projects amid slowing economic growth.

PBOC Should Rein in Online Payment Providers

23/08/2015

China government researchers are advising the central bank to rein in the growth of third-party payment providers by increasing entry thresholds and encouraging existing firms to merge.

India to Relax Rules for Infrastructure Investment Trusts

23/08/2015

The Securities and Exchange Board of India has proposed a relaxation of regulations for infrastructure investment trusts in a bid to help developers unlock capital.

ASIC Cracks Down on Interest-Only Mortgages

23/08/2015

The Australian Securities and Investment Commission has asked lenders to lift their standards for interest-only mortgages, after a probe found that lending criteria do not meet their responsible lending obligations.

China Resumes Drafting Bank Technology Rules

22/08/2015

The China Banking Regulatory Commission (CBRC) has resumed work on banking technology rules it suspended earlier this year following opposition from foreign governments and business groups.

Securities / Derivatives

Regulatory Framework positive for Philippine Microfinance Sector

21/08/2015

The Asian Development Bank Institute has published a working paper attributing the growth of the Philippine microfinance sector to conducive government policies which promote private sector innovation and enable a market-based financial ecosystem.

S. Korea Designates KRX as Trade Repository

21/08/2015

The Korea Exchange has been designated as a trade repository to collect and store data on OTC derivatives trading to improve transparency and meet global standards.

ASX Exempted from CFTC Registration for OTC Clearing, KRX Under Consideration

21/08/2015

CFTC issues its first-ever order of exemption from registration as a derivatives clearing organisation to ASX Clear, and is now considering the same for KRX.

Securities / Derivatives

Listing Criteria Published for New Myanmar Bourse

21/08/2015

Myanmar has published the listing criteria for the Yangon Stock Exchange (YSX), which is due to open later this year to replace the existing Myanmar Securities Exchange Centre.