ASIC Calls for Tougher Penalties Against White-Collar Crimes

12/05/2015

Australia’s chief securities regulator wants to introduce tougher criminal penalties for financial crimes so market participants are forced into following the law.

Hong Kong’s SFC Says Will Be On Guard for Market Manipulation

12/05/2015

Securities and Futures Commission would watch market activity closely to ensure against market manipulation amid a surge in trading volume.

RBA Paper Cautions on Bank Lending Standards

11/05/2015

Regulators should pay close attention to banks’ lending standards and risk profile of borrowers to avert massive credit losses in banks in times of economic shocks, a Reserve Bank of Australia (RBA) paper revealed.

Regulatory Advisory Firm Bovill Names New Head for Asia

11/05/2015

Specialist financial services regulatory consultancy Bovill said it named Eddie Lim as new head of Bovill Asia.

China Relaxes Banks’ Deposit Rates, Slashes Interest Rates

10/05/2015

The People’s Bank of China has cut a quarter of a percentage point off benchmark lending and deposit rates, effective Monday.

India Appeases Foreign Investors as Government Moves to Resolve Tax Row

07/05/2015

India is setting up a panel that will suggest ways to resolve disputes arising from the country’s imposition of the minimum alternate tax (MAT), a levy imposed on years-old capital gains of foreign companies.

China Pushes for More Lending to Small Business

07/05/2015

China’s banking regulator urged commercial banks to boost lending to riskier small businesses and the rural sector in a bid to bolster the country’s overall economy.

S Korea’s FSC Aims to Get More Banks to Fund Fintech Firms

07/05/2015

South Korea’s Financial Services Commission (FSC) said the state-run policy lenders Korea Development Bank and the Industrial Bank of Korea will allocate 200 billion won ($184.9 million) in funds this year to support financial technology companies or fintech.

China Plans to Allow Residents to Invest Overseas via FTZ

07/05/2015

China plans to allow Chinese individuals to invest in financial markets overseas through the Shanghai Free Trade Zone (FTZ).