Securities / Derivatives

IOSCO Publishes Country Review of Pakistan’s Implementation of IOSCO Principles

01/08/2015

The International Organization of Securities Commissions has published a review of Pakistan’s implementation of IOSCO Principles, noting that its regulatory framework has undergone significant improvement in the structure and practice of regulation.

Securities / Derivatives

Bangladesh to Launch First ETF within One Year

01/08/2015

The Bangladesh Securities and Exchange Commission is considering launching an ETF under existing rules for collective investment schemes.

Securities / Derivatives

Bangladesh to Establish Clearing Corporation

31/07/2015

The Bangladesh Securities and Exchange Commission is drafting rules to establish a Clearing Corporation to perform clearing and settlement activities of the capital market.

India Looks to Expedite New Bank Licenses

31/07/2015

The Reserve Bank of India has asked the Income Tax Department to expedite the collection of financial and tax history of almost 50 companies seeking licences to operate small finance and payment banks in India.

Nomura Hong Kong Fined for Disclosure Failings

31/07/2015

SFC fines Nomura Hong Kong HK$4.5 million for failing to promptly report trading misconduct by one of its traders.

Securities / Derivatives

Evolving AML and KYC Standards – Now an Integral Part of Financial Institutions

31/07/2015

Increasingly complex and co-dependent regulations and tax policies are changing the process of onboarding and monitoring clients and counterparties.

Urgency Required to Enact Global Data Standards, says DTCC

30/07/2015

The Depository Trust & Clearing Corporation has urged legislative and industry action to address three key obstacles it has identified that are hindering achievement of the G20 transparency goals.

MAS to Strengthen Dialogue with Financial Industry

29/07/2015

Creation of the new Financial Centre Advisory Panel aimed at strengthening dialogue and partnership with the financial industry.

Securities / Derivatives

Taiwan to Start Issuing Third-Party Payment Licenses in August

29/07/2015

Taiwan’s Financial Supervisory Commission plans to start issuing licenses for third-party payment services in August.