S. Korea FSC Eases Bank Account Opening Process

19/05/2015

Customers opening new bank accounts will no longer be required to visit bank offices in person

Securities / Derivatives

Regulatory Reporting and Instrument Identification in Asia-Pacific

19/05/2015

Time for financial institutions and regulators across Asia-Pacific to examine how Financial Instrument Global Identifiers can help with risk management, regulatory reporting and data management.

HKMA Requires New Tax Checks on Banks’ Clients

18/05/2015

In a push to monitor money laundering in the banking system, Hong Kong regulators have asked banks to look into customer’s filings to see if they’re paying their dues.

Australian Home Loans Tighten as Regulator Issues Warning

18/05/2015

Australian banks’ lending for investment properties has tightened after regulators cautioned against aggressively funding the sector.

India’s SEBI Plans Further Relaxing Listing Rules

17/05/2015

To allow for easier fund-raising and investor exits, India’s capital market regulator plans to exempt start-ups that plan to sell shares to the public through the proposed alternative capital-raising platform from the mandatory promoters’ holding lock-in period.

Hong Kong Bans Retail Investors from Dark Pool Trading

15/05/2015

The Securities and Futures Commission (SFC) has banned individual investors from trading in dark pools as a result of industry consultation on how to improve regulation of the alternative trading venue.

Singapore Exchange Consults Industry on Sustainability Reporting

14/05/2015

The Singapore Exchange (SGX) is seeking industry views on a plan that will eventually see its more than 800 listed companies implement sustainability reporting on a “comply or explain’ basis.

APRA Cautions Banks Against Increased Home Lending

14/05/2015

The Australian Prudential Regulation Authority (APRA) chairman Wayne Byres warns that authorities will step up scrutiny and monitoring of banks that will continue to lend aggressively to the housing sector.

Securities / Derivatives

Taiwan’s FSC Initiates Plan to Boost Banks’ Fundamentals

13/05/2015

Taiwan’s Financial Supervisory Commission has launched an initiative aimed at strengthening the fundamentals of Taiwan’s financial institutions.