Securities / Derivatives

Regional Banking Presents Risks to Financial Stability

15/09/2015

BIS issues a report describing the rise of regional banking in the Asia Pacific and the risks to financial stability it presents.

Crypto / Digital Assets

Why Blockchain will Disrupt Banking: 7 Questions Banks in Asia are Asking

15/09/2015

Blockchain technology has not only interested the banks but regulators and market participants.

China Grants Foreign Central Banks Access to Onshore Yuan Market

15/09/2015

The People’s Bank of China (PBOC) has said it will allow foreign central banks to enter China’s onshore interbank foreign exchange market, in a move to further liberalise its currency regime.

Australia Commissions Capabilities Review of ASIC

11/09/2015

Australia’s government has commissioned a capabilities review to to examine, and make recommendations on how efficiently and effectively ASIC operates.

Securities / Derivatives

Pakistan Consults on New Broker Inspection Regime

11/09/2015

The Securities and Exchange Commission of Pakistan is planning to implement a new inspection regime for stock brokers in October.

China Cracks Down on ‘Suspicious’ Forex Transactions

10/09/2015

The State Administration of Foreign Exchange has asked banks to manage forex transactions to identify suspicious cross-border fund transfers in a bid to ease pressure on capital outflows.

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.