New Zealand Plans Tougher Capital Rules on Property Loans

04/03/2015

The Reserve Bank of New Zealand proposes to amend existing rules by requiring all locally incorporated banks to include residential property investment mortgage loans in a specific asset sub-class, and hold appropriate regulatory capital for those loans.

S. Korea FSC Chief to Keep Bank Ownership Rule

04/03/2015

Financial Services Commission chairman-nominee Yim Jong-yong is against relaxing rules that ban conglomerates from holding a major stake in South Korean banks.

Conduct Risk: Emerging Agenda for Regulators, Says GreySpark Report

04/03/2015

Conduct-related risks are an emerging regulatory frontier for risk, compliance and operations in financial institutions, says a new report.

Australia Regulators Probe Forex Moves Ahead of RBA Announcement

04/03/2015

The Reserve Bank of Australia has asked the Australian Securities and Investments Commission to investigate sharp movements in the Australian dollar in the minute before the March interest rates policy decision was announced on Tuesday afternoon.

Securities / Derivatives

Singapore Signs Regional Pact for Cross-Border Capital Raising

03/03/2015

Securities market authorities from Singapore, Malaysia and Thailand have agreed to allow cross-border capital raising, aimed at deepening economic relationships among members of the southeast Asian nations.

Australian Banks, Tech Firms to Launch Sydney Fintech Hub

03/03/2015

Australian banks and tech companies are providing $2 million in funding to launch the country’s first fintech innovation hub in Sydney this May.

Hong Kong’s SFC Issues Norms for Investors on Company Ownership

02/03/2015

The Securities and Futures Commission (SFC) has released new norms on responsible company ownership by investors, urging them to have clear policies on voting and managing conflicts of interests.

SGX Urged to Rebuild Stock Market, Lose Regulatory Role

01/03/2015

For many in the investment and trading community, SGX chief executive Magnus Bocker’s impending departure in June represents the perfect time for the monetary authority to scrap the bourse’s regulatory role and establish an independent financial watchdog, reports Reuters.

Luxembourg Okays More Funds for HK-Shanghai Stock Connect

01/03/2015

Luxembourg’s Financial Sector Surveillance Commission has given its go-ahead for more funds to invest in the Shanghai-Hong Kong cross-border stock scheme and more such approvals are likely soon.