Securities / Derivatives

Sanctions Compliance Deepens in Asia Pacific, Says SWIFT

25/11/2014

Evolving global sanctions laws aimed at combating financial crime is helping drive adoption of sanctions screening solutions in markets including Asia Pacific.

China’s CSRC to Issue Internet Finance Rules Soon

23/11/2014

China’s State Council has asked the China Securities Regulatory Commission (CSRC) to fast-track the mapping out of rules and regulations for the country’s Internet finance.

Securities / Derivatives

Philippines Lifts Bank Ownership Restrictions for Foreigners

20/11/2014

The Philippines has issued the implementing rules and regulations of the amended foreign banks law that now allows foreign banks to acquire up to 100% of a local lender.

Securities / Derivatives

Taiwan Regulator Relaxes Rules on Banks’ Offshore Businesses

20/11/2014

Taiwan’s financial regulator has lifted restrictions on the business activities of local banks’ and brokerages’ offshore operations to boost the country’s stock market.

India’s SEBI Withdraws Recognition to Delhi Stock Exchange

20/11/2014

The Securities and Exchange Board of India has withdrawn the recognition granted to the Delhi Stock Exchange (DSE) in the wake of “serious irregularities” in the functioning of the bourse.

India’s SEBI Approves New Insider Trading Rules

20/11/2014

India’s market regulator has approved tougher insider trading rules to promote transparency in the country’s stock market.

China Allows Launch of RMB Clearing Service in Australia

19/11/2014

China has allowed Australia to clear renminbi trades in a bid to boost increased economic cooperation between the two countries.

Australia’s ANZ Suspends Traders Over Rate Rigging

19/11/2014

ANZ, one of Australia’s major banks, has suspended seven traders pending completion of an investigation into potential rigging of key interbank interest rates.

S. Korea Appoints New Financial Watchdog Head

18/11/2014

South Korea’s top financial regulatory body has named Zhin Woong-seop, president of the Korea Finance Corp, as head of the Financial Supervisory Service (FSS).