Structural Regulation

SEBI-FMC Merger Set for September 28

25/08/2015

The Securities and Exchange Board of India has announced new commodity market norms effective from September 28 – the date it has set to merge with the Forward Markets Commission.

Emerging Prudential Risks

China Pension Funds to Invest in Domestic Stock Market

25/08/2015

China’s State Council has announced it will allow up to 30 percent of locally managed pension funds to be invested in domestic stocks and stock-linked funds, potentially channeling hundreds of billions into the stock market.

Structural Regulation

ASIC Issues Third Report on Corporate Finance Regulation

24/08/2015

The Australia Securities and Investment Commission has published its third report detailing the approach it takes to the regulation of corporate finance issues.

Credit Risk

New Mortgage Lending Rules to Take Effect in New Zealand

24/08/2015

The Reserve Bank of New Zealand has published its final policy positions for changes to Loan-to-Value Ratio restriction rules, requiring a 30 percent deposit from Auckland rental property investors to secure mortgages.

Credit Risk

State Bank of India Chief Calls for Incentives to Revive Bad Loans

24/08/2015

State Bank of India chief Arundhati Bhattacharya says new measures to tackle bad debt do not help smaller firms while bank capital is prioritised towards meeting regulatory requirements.

Credit Risk

China Calls for More Lending to Infrastructure and Regional Development Projects

24/08/2015

China’s banking regulator and top economic planner have jointly issued new guidance aimed at supporting infrastructure and regional development projects amid slowing economic growth.

Payments & Settlements

PBOC Should Rein in Online Payment Providers

23/08/2015

China government researchers are advising the central bank to rein in the growth of third-party payment providers by increasing entry thresholds and encouraging existing firms to merge.

Alternative Markets

India to Relax Rules for Infrastructure Investment Trusts

23/08/2015

The Securities and Exchange Board of India has proposed a relaxation of regulations for infrastructure investment trusts in a bid to help developers unlock capital.

Credit Risk

ASIC Cracks Down on Interest-Only Mortgages

23/08/2015

The Australian Securities and Investment Commission has asked lenders to lift their standards for interest-only mortgages, after a probe found that lending criteria do not meet their responsible lending obligations.