Enforcement

Nomura Asked to Probe Attempted Murder Case Involving Ex-Employee

12/11/2024

The FSA has asked Nomura to review the incident and analyse its root cause and background, and come up with solutions.

Enforcement

Australia: Parliamentary Inquiry Into Big Four Audit Firms Concludes

12/11/2024

The inquiry identified recommendations to enhance governance, transparency, and accountability within the big four firms.

Securities / Derivatives

RBI Expands Trade Reporting Requirements to Include FX Spot Deals

12/11/2024

The new reporting requirements are aimed at ensuring the RBI has a more complete view of the FX market for monitoring and regulatory purposes.

Fintech / Regtech

BIS Announces Pablo Hernández de Cos as Next General Manager

12/11/2024

Pablo Hernández de Cos, the former Governor of the Bank of Spain, will take over from Agustín Carstens starting 1 July 2025.

Capital / Liquidity

Levies for NZ’s Depositor Compensation Scheme to be ‘Risk-based’

12/11/2024

New Zealand’s four largest banks will pay about three-quarters of the total levies collected to fund the Depositor Compensation Scheme.

Securities / Derivatives

Taiwan FSC to Relax Rule on Discretionary Investment Accounts

12/11/2024

The proposed amendment removes a rule that limits the discretionary investment services that local investment firms can provide.

Market Infrastructure

RBI Issues Framework for Reclassifying FPI Investment as FDI

11/11/2024

The framework sets out a process for FPIs that breach the 10% ownership limit and wish to convert their stakes in Indian companies to FDI.

Uncategorised

Chinese SOE Sinosure Refusing to Insure Exports to Russia – Report

11/11/2024

Sinosure has reportedly begun to refuse to insure exports of certain goods to Russia, with some Chinese suppliers being blacklisted.

Capital / Liquidity

China Approves Debt Swap Plan to Address LGFV Debt

11/11/2024

The CNY 10 trillion plan is not expected to directly impact economic growth as it doesn’t include measures to incentivise consumption or stimulate the property market.