China’s International Payment System May Launch by End-2015

11/03/2015

China is expected to launch in the second half this year its much-awaited international payment system that can process cross-border yuan transactions, removing one of the biggest hurdles in internationalizing the Chinese currency, Reuters reported.

China Allows Local Governments to Issue 1Trln Yuan of Debt

11/03/2015

China will allow local governments to convert up to 1 trillion yuan ($160 billion) in debt into low-interest municipal bonds in a bid to ease the country’s massive debt burden.

Shenzhen Stock Connect May Include ChiNext Shares

10/03/2015

Hong Kong’s upcoming cross-border stock trade with Shenzhen will include stocks on the high-growth small and medium enterprise (SME) board, and also possibly stocks listed on ChiNext, a NASDAQ-style board.

Securities / Derivatives

Philippine Central Bank Boosts Shadow Banking Monitoring

10/03/2015

Philippine central bank is increasing surveillance on shadow banking to ensure the stability of the financial system.

Securities / Derivatives

Thailand to Lure Foreign Companies as Bourse Opens

08/03/2015

Interest among potential foreign issuers in Thailand’s bourse builds up as the country inches towards releasing new rules allowing foreign firms to list in its stock market.

India’s SEBI Lays Out Roadmap, Takes on Larger Role

08/03/2015

The Securities and Exchange Board of India (SEBI) plans to attract a larger number of retail investors towards capital markets, develop a vibrant bond market and create a unified regulatory regime for all segments of derivatives, including commodities.

India Plans to Curb RBI Role in Financial Markets

06/03/2015

The government has proposed to take away money market regulatory powers from the central bank and move it to the Securities and Exchange Board of India (SEBI) under amendments to the Reserve Bank of India (RBI) Act.

China Regulator Plans to Give Banks Stock Broking Licenses

05/03/2015

As part of reforms that will permit financial institutions to conduct mixed businesses, China plans to issue banks with brokerage licenses, Reuters reported.

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.