China Targets Trading Platforms to Curb Unauthorised Margin Lending Channels

20/07/2015

The China Securities Regulatory Commission is tightening oversight of the widely-used HOMS trading platform, which is seen to have facilitated stock investors borrowing money outside approved margin lending channels and aiding recent wild fluctuations on the A-share market.

India Cracks Down on Erroneous Trades and Annulment Requests

20/07/2015

The Securities and Exchange Board of India has issued a circular asking stock exchanges to penalise brokers placing erroneous orders and to discourage frivolous trade annulment requests.

FSB Approaches Regulation of Asset Managers Cautiously

19/07/2015

The Financial Stability Board has said it would focus on addressing risks to market liquidity posed by the activities of asset managers rather than on imposing capital and liquidity requirements on the institutions themselves.

Australian Banks Make Progress on Capital-Raising

18/07/2015

Major Australian banks have been preparing for higher capital requirements, with National Australia Bank (NAB) now possessing the sector’s highest capital ratio.

India to Clarify Tax Rules for Foreign Fund Managers

18/07/2015

The finance ministry and the central tax department board may soon issue clarifications on tax treatment making it easier for fund managers operating large India-dedicated funds to set up an office in the country.

Advisory Board Asks SEBI to Focus on Averting Crisis

18/07/2015

Focus on understanding the commodities markets with an emphasis on averting crisis before taking up developmental issues.

Securities / Derivatives

Malaysia Enhances Listing Rules for ACE Market

18/07/2015

Bursa Malaysia has on introduced enhancements to listing requirements for its ACE Market in a bid to incentivise more small and medium enterprises to list.

Australia and Bangladesh Sign Information Exchange Deal

17/07/2015

Australia has signed a memorandum of understanding with Bangladesh establishing a framework for the exchange of financial intelligence related to money laundering and terrorism financing and other serious offences.

Securities / Derivatives

Philippines and United States Sign FATCA Agreement

17/07/2015

The Philippines has signed a reciprocal intergovernmental agreement with the United States to implement provisions of the Foreign Account Tax Compliance Act (FATCA).