India’s SEBI Seeks Ban on Wilful Defaulters Raising Funds in Market

06/08/2014

The Securities and Exchange Board of India said it is talking with the Reserve Bank of India as it finalises regulations around wilful loan defaulters.

S. Korean Regulator to Reprimand Financial Firms for Illegal Loans

06/08/2014

South Korea’s chief financial regulator said he will consider punishing financial companies for making illegal loans and leave the punishment of employees up to the companies, in view of disciplinary action being mulled by authorities on hundreds of senior bank officials.

IOSCO Launches Information Repository for OTC Clearing

06/08/2014

The International Organization of Securities Commissions has launched an information repository for central clearing requirements for OTC derivatives, giving regulators and market participants consolidated information on the clearing requirements of different jurisdictions.

Securities / Derivatives

Indonesia Mulls Allowing Short-Term Corporate Sukuk

05/08/2014

Bank Indonesia and the Financial Services Authority are discussing the possibility of allowing the trading of short-term sukuk or Islamic bonds in a move that could diversify sharia financial products and help sharia banks raise cash in the market.

Securities / Derivatives

Taiwan Regulator to Get Tough on Leaks at Brokerages

05/08/2014

The Financial Supervisory Commission is taking a tougher stand on the release of client notes by securities houses involving listed companies and their stock prices in a bid to curb market speculation.

China to Toughen Securities Rules against Insider Trading, IPO Fraud

05/08/2014

China’s securities regulator said it will support legislations that will offer tougher punishment for insider trading, accounting fraud, market manipulation and dereliction of duties by brokerage firms.

Singapore Tightens Securities Rules

04/08/2014

Singapore is strengthening its securities rules by introducing a minimum trading price for main board shares to combat excessive speculation of low-priced securities and market manipulation.

HKEx to Promote CES 120 Futures ahead of Shanghai-Hong Kong Stock Connect

04/08/2014

Hong Kong Exchanges and Clearing said it plans to promote the use of CES China 120 index futures contract as a hedging and risk management tool ahead of the implementation of the cross-border stock investment program — Shanghai-Hong Kong Stock Connect.

IOSCO Surveys Impact of Warehouses on Commodity Pricing

04/08/2014

The International Organization of Securities Commission (IOSCO) aims to explore ambiguities in the rules governing commodity warehouses as well as conflicts of interest due to their ownership, and how those affect the pricing of commodity derivatives.