Singapore Consults on New FATCA Compliance Rules

21/09/2014

Singapore authorities are seeking industry views on new regulations to help financial institutions in Singapore comply with the US Foreign Account Tax Compliance Act.

China to Allow Foreign Banks Easier Market Access

19/09/2014

China will remove a ban on foreign banks opening more than one branch in each Chinese city, giving them easier market access.

Singapore Exchange Seeks Broader Enforcement Powers, Listing Committees

18/09/2014

Singapore Exchange (SGX) is seeking industry views on its bid for broader enforcement powers against market participants that violate its listing rules.

Hong Kong Regulator Seeks Tougher Vetting Rules for GEM Companies

18/09/2014

The Securities and Futures Commission is recommending that the the city’s stock exchange tighten its vetting process for Growth Enterprise Market-listed (GEM) companies that seek listing on the main board.

China’s PBOC Raps Third-Party Payment Firms for False Transactions

18/09/2014

China’s central bank has punished four third-party payment companies for mishandling bank card transactions to escape paying higher fees.

China Opens Gold Market to Foreigners

17/09/2014

China has has given foreign players access to its gold market following the launch of the Shanghai Gold Exchange’s international board.

Australian Regulator Issues New Guidelines on Disclosure Reforms

17/09/2014

The Australian Prudential Regulation Authority has released for industry consultation a paper that outlines the new disclosure requirements for authorised deposit-taking institutions.

Singapore Exchange Sets Minimum Trading Price for Stocks

17/09/2014

Singapore Exchange Ltd plans to introduce a minimum trading price requirement to enhance the securities market and curb excessive market speculation.

Australia, Singapore Agree on Access to OTC Derivatives Data

17/09/2014

The Australian Securities and Investments Commission and the Monetary Authority of Singapore is giving each other access to relevant data from trade repositories licensed in either markets under new agreement.