Securities / Derivatives

Indonesia to Ease Banking Restrictions on Foreigners

10/09/2015

Indonesia’s Financial Services Authority will allow foreigners to open dollar savings accounts at local banks in a bid to further improve foreign exchange liquidity in the country.

Securities / Derivatives

Indonesia to Adopt Global Standard for Tax Information Exchange

09/09/2015

Indonesia’s government is looking to adopt global standards for the automatic exchange of financial information in 2017, in a bid to address tax revenue issues.

India’s MAT Ruling Welcomed by Industry

09/09/2015

Government’s decision to waive the controversial minimum alternate tax on capital gains made by foreign investors retrospectively welcomed by cross-section of industry.

Securities / Derivatives

Myanmar to Adopt Real-Time Clearing and Settlement

09/09/2015

The Central Bank of Myanmar is planning to adopt a real-time gross settlement system for the first time by the end of this year.

Bombay Stock Exchange Allows Roll-Over of Securities Loans

09/09/2015

The Bombay Stock Exchange has launched a roll-over facility for securities lending and borrowing in a bid to increase participation in the currently very shallow SLB market.

Securities / Derivatives

Malaysia Launches New Fintech Initiative

09/09/2015

Malaysia’s Securities Commission has announced a new initiative aimed at driving interest towards the development of financial technology sector.

HKMA Issues New Guidance on E-Banking Risk Management

09/09/2015

The Hong Kong Monetary Authority has issued a revised version of the Supervisory Policy Manual for risk management of electronic banking services.

Hong Kong-China Trading Links to Be Delayed

08/09/2015

Hong Kong Exchanges and Clearing chief says the recent turmoil in China’s equity market will delay future programs to connect Hong Kong with the mainland markets.

Securities / Derivatives

Indonesia Eases Mark-to-Market Rules on Local Debt

08/09/2015

Indonesia’s Financial Services Authority has relaxed mark-to-market rules for debt securities held by insurance companies and pension funds in a bid to boost demand for local debt.