MAS Cites Tax Concerns as ARFP Stumbling Block

19/09/2015

The Monetary Authority of Singapore has cited unfair tax treatments as its reason for not moving forward with the Asia Region Funds Passport scheme.

Australia Bank Funding Costs Set to Increase

19/09/2015

The Australian Prudential Regulatory Authority has said banks will need to fund themselves with more expensive long-term debt over time to reduce risk to the financial system.

SEBI Asks Fund Managers to Explain Corporate Bond Holdings

18/09/2015

The Securities and Exchange Board of India has asked fund managers to explain their rationale for corporate bond investments and closely monitor recently-downgraded companies they hold.

S. Korea Enhances Lending Rate Comparison for Consumers

17/09/2015

Financial Supervisory Service announces various measures to improve consumers’ ability to compare lending rates posted online by financial institutions.

HKMA Issues Guidance on Cybersecurity Risk Mgt

17/09/2015

The Hong Kong Monetary Authority (HKMA) has issued a circular to financial institutions highlighting the importance of proper cybersecurity risk management and provide general guidance on the matter.

IOSCO Publishes Report on Investment Risk Education Practices

17/09/2015

The Board of the International Organisation of Securities Commissions has published its final report on Sound Practices for Investment Risk Education.

SGX Launches Listings Committees to Aid in Decisions

16/09/2015

The Singapore Exchange has announced the launch of a new Listings Advisory Committee, a Listings Disciplinary Committee and a Listings Appeals Committee, effective from October 7.

China Allows Insurers to Establish Private Equity Funds

16/09/2015

The China Insurance Regulatory Commission has issued new guidelines for insurance companies on the establishment of private equity funds that can invest in key industries supported by the government.

Securities / Derivatives

Indonesia to Fight Cybercrime with New Bank IT Rules

16/09/2015

Indonesia’s Financial Services Authority will soon revise its banking IT systems rules in an attempt to counter rising digital crime on banks.