China Eases Property Investment Rules for Foreigners

31/08/2015

China has relaxed its property investment rules for foreigners, allowing them to buy as many properties as they wish and loosening restrictions on loans and settlement in foreign currencies.

No Desire for City-Specific Lending Controls, says APRA

31/08/2015

The Australian Prudential Regulation Authority is down-playing its desire for city-specific lending restrictions to cool Sydney and Melbourne property prices.

Securities / Derivatives

Yangon Stock Exchange to Open in Early December

31/08/2015

The Yangon Stock Exchange, Myanmar’s first modern bourse, will begin accepting listing applications in September and open in early December.

Industry Funding Model Proposed for Australian Regulator

28/08/2015

ASIC releases consultation paper proposing an industry funding model where regulatory costs will be recovered directly from banks, listed companies and the financial services sector.

New Zealand to Update Outsourcing Policy for Banks

28/08/2015

The Reserve Bank of New Zealand has released a consultation paper with proposals to update its outsourcing policy for banks.

Crypto / Digital Assets

RBI Calls for Regulation of “Disruptive” Financial Innovation

28/08/2015

RBI Deputy Governor SS Mundra is calling for tighter regulatory frameworks around peer-to-peer (P2P) lending, internet-only banks, crowd funding platforms and cryptocurrency.

China Probes Major Brokerages for Client Rules Violations

28/08/2015

The China Securities Regulatory Commission has launched an investigation into some of China’s largest brokerages for suspected rule violations.

Securities / Derivatives

Regulator Asks Philippine Stock Exchange to Explain Outages

27/08/2015

The Securities and Exchange Commission has asked the Philippine Stock Exchange to explain trading outages that halted all floor trading three times over a span of seven days in August.

Securities / Derivatives

Nepal Investment Bank joins SWIFT’s KYC Registry

27/08/2015

Pioneering bank in Nepal to join The KYC Registry allowing the proactive sharing of information with correspondent banks.