China May Allow QDII Funds to Also Invest At Home

25/09/2015

China is considering an innovative plan to allow QDIIs to launch funds which can invest in securities both at home and abroad.

APRA Consults on Points of Presence Statistics

25/09/2015

The Australian Prudential Regulation Authority has released a consultation package proposing to either streamline or cease the Points of Presence statistics and data collection.

Crypto / Digital Assets

Aussie Banks Force Bitcoin Operators Out of Business

25/09/2015

Australia’s major banks are closing accounts of bitcoin companies, citing compliance risks resulting from tougher anti-money laundering and counter-terrorism financing rules.

Australia Consults on Lower Income Consumer Credit

25/09/2015

The Australian government is requesting comment from the public on small amount credit contract laws to ensure that the regulatory framework strikes the right balance between consumers and lenders.

Securities / Derivatives

Malaysia Securities Laws Amendments Come Into Force

25/09/2015

The securities laws amendments will to facilitate innovative fundraising structures, enhance investor protection, clarify responsibilities of issuers and advisers, and expand supervisory powers.

MAS Enhances Regulatory Safeguards for Investors

25/09/2015

The Monetary Authority of Singapore will proceed with enhancements to its regulatory framework for safeguarding investors’ interests.

China to Ease Market Access Rules for Investors

25/09/2015

China has decided to adopt the “negative list” national market access system, to effectively grant more freedom to investors and boost market appeal.

S. Korea Revises IT Rules for Financial Institutions

25/09/2015

Korea’s Financial Supervisory Service has announced revisions to rules on electronic finance supervision to incorporate exceptions for network separation at financial institutions.

Global Regulators Release Progress Report on CCP Workplan

25/09/2015

The FSB, BCBS, CPMI and IOSCO have released a progress report on their work to enhance the resilience, recovery planning and resolvability of central counterparties.