PBOC Plans to Relax RMB Capital Controls, Seeks SDR Inclusion

23/03/2015

People’s Bank of China governor Zhou Xiaochuan has vowed to further liberalize capital account controls this year in an apparent bid to convince the International Monetary Fund to recognize the renminbi as an international reserve currency.

China Allows Trade of New Index Futures in April

22/03/2015

China has allowed trade of two new types of stock index futures on the China Financial Futures Exchange (CFFEX) next month.

Market Infrastructure

New Rules for OTC Derivatives Pushed Back to September 2016

19/03/2015

International rules that will require banks to post margin on certain derivative trades have been delayed by nine months as regulators recognised the tight timeline initially given the industry to comply.

China’s SHFE to Launch Nickel, Tin Futures Trade

17/03/2015

China’s Shanghai Futures Exchange will launch nickel and tin futures trading on March 27, 2015.

ASIC Wants More Liquidity from Chinese IPO Candidates

16/03/2015

The wave of Chinese companies listing on the Australian stock exchange in the past three years, many with less than 2% free float, has raised concern on whether initial public offering (IPO) rules should require better liquidity from foreign businesses.

China Bank IT Rules Raise Concern from EU, US Groups

16/03/2015

The Chinese government policy that requires commercial banks to obtain “secure and controllable” information technology equipment potentially puts Beijing in a tough position with major trading partners, the Financial Times reported.

Breaking down BCBS 239

13/03/2015

BCBS 239 has the potential to dramatically reduce systemic risk in the banking system. Compliance isn’t an easy project, but if approached in the right way it can transform the way banks do business.

ASIC Seeks Power to Ban Bank Products

12/03/2015

Australian Securities and Investments Commission is seeking additional powers to better regulate banks, and to intervene in the sale of products that harm consumers.

China Regulators Seek A-Share Investors in US

12/03/2015

China Securities Regulatory Commission is talking with at least 30 large global institutional investors in the US to invest in China-listed shares, while lobbying for mainland stocks’ inclusion in key global indices such as the MSCI and FTSE.