Trading & Investment

India to Allow Funds, Portfolio Managers to Invest in Commodity Derivatives

11/12/2017

Securities regulator says market has had insufficient institutional involvement, leading to poor price discovery and risk management.

Capital Adequacy

PBOC Has Mixed Reaction to IMF Financial Stability Study

11/12/2017

China’s central bank says reports will guide regulatory approach, but disagrees with bank capital and non-performing loan assessments.

Payments & Settlements

Japan, Singapore Developing Cross-border DLT Trade Prototype

07/12/2017

Mitsubishi UFJ- NTT DATA  distributed ledger expected to make cross-border flows more secure through single, unified platform.

Trading & Investment

China Introduces New Risk Management Rules for Exchange Members

07/12/2017

New rules, which go into effect on 1 June next year, include restrictions on buy-in of securities companies, fund companies and other participants.

Supervision & Enforcement

HK SFC Sees Criminal Charges Surge

07/12/2017

Securities regulator laid 42 charges in 6 months to end-September this year, up 180% from same period in 2016, but commenced far fewer investigations.

Supervision & Enforcement

Australia to Kick off Long-awaited Royal Commission into Financial Sector

04/12/2017

Inquiry to look into alleged misconduct in financial sector welcomed by banks, securities regulator, but not superannuation scheme operators.

Structural Regulation

HK SFC, CSRC Agree Investor ID System for Northbound Stock Connect

04/12/2017

SFC says Northbound scheme will be followed by Southbound investor identification, eventually spread to all SEHK investors.

Emerging Prudential Risks

MAS Warns of ‘Medium-term’ Cross-border Financial Stability Risks

04/12/2017

Annual report into stability of financial system says domestic and regional lending improving, no signs of credit market overheating.

Fraud, Scams & Cybercrime

China Minsheng Bank Hit with $4mn Fine for Selling Fake WMPs

04/12/2017

Case of $249mn in fake products first exposed when customer went to branch to redeem WMP which did not actually exist.