Hong Kong Exchange’s Chief Li Seeks Reform

16/03/2014

Hong Kong stock exchange chief executive Charles Li said regulators should find ways to make the city attractive for initial public offerings by new economy and technology companies.

Singapore to Regulate Virtual Currency Exchanges

13/03/2014

The Monetary Authority of Singapore said it will regulate virtual currency intermediaries, to combat potential risks from money-laundering or terrorism-related financing.

China Securities Regulator Set to Allow Sale of Preferred Shares

13/03/2014

The China Securities Regulatory Commission is set to allow companies to issue preferred shares within the first half.

IOSCO Examines Prudential Standards in Securities Sector

13/03/2014

The International Organization of Securities Commissions (IOSCO) has issued a consultation paper that compares the prudential capital frameworks for securities companies in different parts of the world.

India Securities Regulator Revises Anti-Money Laundering Norms

13/03/2014

The Securities and Exchange Board of India has revised its anti-money laundering/countering financing of terrorism (AML/CFT) norms, requiring intermediaries to carry out risk assessment of clients.

Japan Regulator, US CFTC to Cooperate on Regulated Entities Cross-Border Oversight

11/03/2014

The Financial Services Agency of Japan and the US Commodity Futures Trading Commission sign a memorandum of cooperation on supervision of regulated entities.

China Okays Trial of Privately Owned Banks

11/03/2014

The China Banking Regulatory Commission has approved a trial program to establish five privately-owned banks.

Securities / Derivatives

Taiwan Regulator Relaxes Rule for Foreign Futures Trade

11/03/2014

The Financial Supervisory Commission has allowed foreign futures traders to make direct transfers of excess margin deposits between accounts with different futures commission merchants.

India’s Regulators to Aid Banks Comply with Basel III Norms

10/03/2014

A high-power committee is being set up to aid the banking sector comply with Basel III norms.