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.

China to Restrict Automated Commodity Futures Trading

19/09/2015

China is looking to extend its control over its onshore markets to commodities exchanges amid signs that speculators have shifted from stock markets to commodities futures.

S. Korea Enhances Bank Internal Controls and Compliance Functions

19/09/2015

FSC implements new guidelines to ensure the effectiveness of internal controls and compliance functions in the banking sector.