China Bank Deposit Rule Unlikely to Stimulate Lending

13/01/2015

The People’s Bank of China has enlarged the deposit base for banks, but money traders are saying the new rule may inject far less cash into the system that many hoped.

Singapore to Introduce Smaller Board Lots from January 19

13/01/2015

The SGX will cut the standard lot size from 1000 shares to 100, allowing more people to invest in stocks with a smaller capital outlay.

Securities / Derivatives

Taiwan Regulator Plans Crowdfunding Platform for Entrepreneurs

13/01/2015

The Financial Supervisory Commission has announced a plan to launch a crowdfunding platform to back young and creative entrepreneurs.

China to Launch First Stock Options

13/01/2015

China will start trading its first stock options next month in a bid to boost the development of the country’s capital markets.

Hong Kong’s HKEx Collaborates to Push Shanghai-HK Connect Overseas

06/01/2015

Hong Kong Exchanges and Clearing said it is working with certain overseas regulators and institutional investors to improve market’s understanding of Shanghai-Hong Kong Stock Connect which went live in November.

Australian Banks Hit by Alleged Home Loan Scam

06/01/2015

Two men have been charged with defrauding Australia’s biggest banks in an alleged A$110 million home loan scam, raising questions over the internal controls of some of the country’s top lenders.

China Marks Launch of First Private, Online Bank

06/01/2015

China’s Internet holding company Tencent has launched China’s first private, internet-based bank as a result of a government regulation last year that effectively opened the state-controlled banking industry to private investors.

US Steps Up Probe in Asia amid Tax-Evasion Crackdown

05/01/2015

US authorities would increase their investigations of international tax evasion by US taxpayers in Hong Kong and the rest of Asia following the implementation of the Foreign Account Tax Compliance Act from July last year, lawyers say.

S. Korea’s Financial Chief to Bolster Financial Technology

30/12/2014

Financial Services Commission chairman Shin Je-yoon said he will remove hurdles to the fast-growing financial technology in a bid to boost South Korea’s long-sluggish financial industry.