Trading & Investment

Regulator Asks Philippine Stock Exchange to Explain Outages

27/08/2015

The Securities and Exchange Commission has asked the Philippine Stock Exchange to explain trading outages that halted all floor trading three times over a span of seven days in August.

KYC & CDD

Nepal Investment Bank joins SWIFT’s KYC Registry

27/08/2015

Pioneering bank in Nepal to join The KYC Registry allowing the proactive sharing of information with correspondent banks.

Capital Adequacy

Economic Pressure May Force Indonesia’s Banks to Boost Capital

27/08/2015

OJK warns banking industry of increase in capital if financial health at risk due to devaluation of rupiah.

Anti-Money Laundering

China Cracks Down on Illegal Overseas Funds Transfers

27/08/2015

Chinese police have launched a nationwide campaign against underground banks to curb money laundering and illegal funds transfers that occur outside approved banking channels.

Market Abuse

MAS Seeks to Strengthen Enforcement Regime

26/08/2015

The Monetary Authority of Singapore has proposed new rules aimed at strengthening the effectiveness of its enforcement regime in deterring market misconduct.

Trading & Investment

Taiwan to Use Rescue Fund to Stabilise Market

26/08/2015

Taiwan’s government gives green light to use NT$500 billion fund to stabilise stock market.

Liquidity Risk

China Considers Removing Loan-to-Deposit Cap

26/08/2015

China’s cabinet is currently deliberating a draft law to remove the 75 percent loan-to-deposit cap on bank lending.

Structural Regulation

China Market Further Opened to HK, Macau Brokers

25/08/2015

CSRC announced that Hong Kong and Macau securities brokerages will be allowed to set up fully licensed units in parts China.

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.