India’s SEBI Plans More Oversight for Index Providers

07/04/2015

The Securities and Exchange Board of India (SEBI) plans to put in place a regulatory framework for index providers in a bid to tackle issues arising from conflicts of interest and promote transparency in determining benchmarks.

ASIC Seeks Reforms in Dealing with Client Legal Privilege

07/04/2015

The Australian Securities & Investments Commission is seeking reforms that would prevent people from making unsubstantial claims of client legal privilege that could delay investigations into breaches of the corporation law.

The Risk of De-Risking

02/04/2015

Complying with anti-money laundering regulations while protecting the bottom line.

China Puts Bank Technology Rules On Hold

02/04/2015

China has agreed to delay the implementation of rules that require banks to purchase “safe and controllable” technology products, effectively excluding some foreign technology firms in the market.

Securities / Derivatives

Taiwan to Expand Daily Trade Limit for Shares in June

01/04/2015

The Financial Supervisory Commission (FSC) said it will expand the daily price limit for stocks to a fall or rise of 10% from the current 7% effective June 1.

Foreign Banks to Benefit from China’s New Payment System

31/03/2015

Foreign banks stand to benefit from the launch this year of China’s international payment system (CIPS), which is seen to end the monopoly that China’s renminbi clearing banks enjoy.

Singapore Plans Position Accounts for Central Depository Members

31/03/2015

To boost the post-trade environment of the Singapore securities market, Singapore Exchange (SGX) plans to introduce position accounts for clearing members of the Central Depository (CDP).

Singapore, London Lead RMB Adoption Outside HK, Says SWIFT

30/03/2015

Singapore and London are playing an increasingly important role in the adoption of the Chinese currency in global payments outside Hong Kong, said global transaction services organization SWIFT.

Securities / Derivatives

Making KYC Accessible for Smaller Banks

26/03/2015

SWIFT has introduced a free-to-use utility that will help smaller institutions achieve compliance and reduce the cost and problems of procedures.