Luxembourg Okays More Funds for HK-Shanghai Stock Connect

01/03/2015

Luxembourg’s Financial Sector Surveillance Commission has given its go-ahead for more funds to invest in the Shanghai-Hong Kong cross-border stock scheme and more such approvals are likely soon.

Hong Kong’s SFC Sees Robust Cross-Border Funds Exchange

26/02/2015

The Securities and Futures Commission expects about 600 Hong Kong and mainland Chinese funds to participate in a cross-border offering of funds that will be launched soon.

Securities / Derivatives

Singapore, APEC Countries Issue Rules for Cross-Border Funds Sale

26/02/2015

A regional pact allowing a cross-border offering of funds within Asia Pacific is on track for implementation as Singapore and neighbouring nations in Asia Pacific issue new rules to govern the scheme.

Japan Appoints New BOJ Policymaker

26/02/2015

Japan’s parliament approved a government proposal to appoint Waseda University Prof. Yutaka Harada to the Bank of Japan’s Policy Board and other government-sought appointments at public bodies.

HK Regulator Wins Court Approval to Wind Up China Metal Recycling

26/02/2015

The Securities and Futures Commission won court approval to liquidate China Metal Recycling Holdings Ltd, in a decision that bolsters the regulator’s authority to pursue overseas firms for wrongdoing.

US Authorities Probe Big Banks’ Pricing of Metals

25/02/2015

US officials are investigating at least 10 major banks for possible rigging of precious-metals markets, the Wall Street Journal reported citing people close to the inquiries.

S. Korea’s New FSC Chief Seen Pushing for Deregulation

24/02/2015

Financial Services Commission chairman designate Yim Jong-yong is expected to relax regulations governing asset and capital at financial firms, say officials and analysts.

Foreign Lenders Still Face Hurdles Despite Easing Rules in China

24/02/2015

Foreign lenders still struggle with cumbersome regulatory processes for obtaining banking licenses, despite China’s recent easing of policies for newcomers in the country’s banking industry.

HKEx Eyes China Fund Houses in Through Train

23/02/2015

Allowing mainland Chinese fund houses to invest in Hong Kong stocks under the Stock Connect scheme would boost turnover of the so-called through train programme, Hong Kong Exchanges and Clearing top executive said.