Trading & Investment

Hong Kong’s HKEx Collaborates to Push Shanghai-HK Connect Overseas

06/01/2015

Hong Kong Exchanges and Clearing said it is working with certain overseas regulators and institutional investors to improve market’s understanding of Shanghai-Hong Kong Stock Connect which went live in November.

Fraud, Scams & Cybercrime

Australian Banks Hit by Alleged Home Loan Scam

06/01/2015

Two men have been charged with defrauding Australia’s biggest banks in an alleged A$110 million home loan scam, raising questions over the internal controls of some of the country’s top lenders.

Structural Regulation

China Marks Launch of First Private, Online Bank

06/01/2015

China’s Internet holding company Tencent has launched China’s first private, internet-based bank as a result of a government regulation last year that effectively opened the state-controlled banking industry to private investors.

Anti-Money Laundering

US Steps Up Probe in Asia amid Tax-Evasion Crackdown

05/01/2015

US authorities would increase their investigations of international tax evasion by US taxpayers in Hong Kong and the rest of Asia following the implementation of the Foreign Account Tax Compliance Act from July last year, lawyers say.

Cloud & Infrastructure

S. Korea’s Financial Chief to Bolster Financial Technology

30/12/2014

Financial Services Commission chairman Shin Je-yoon said he will remove hurdles to the fast-growing financial technology in a bid to boost South Korea’s long-sluggish financial industry.

Trading & Investment

Singapore to Allow Increased Access to Corporate Bonds

30/12/2014

The Monetary Authority of Singapore said it will propose legislations that will make it easier for companies to offer bonds to retail investors in a bid to boost the bond market.

Conduct, Culture & Accountability

New Zealand’s FMA to Focus on Governance in Future Regulations

23/12/2014

The Financial Markets Authority cited governance and culture, and issues around conflicts of interest among areas it will apply much of its regulatory effort in the medium-term.

Payments & Settlements

China, Thailand to Establish Yuan Clearinghouses

23/12/2014

China and Thailand agreed to establish yuan clearinghouses to boost commercial ties between the two nations.

Market Abuse

Hong Kong Regulator Finds No Evidence of Market Rigging

19/12/2014

The Hong Kong Monetary Authority said it found no evidence of rigging in the city’s foreign exchange benchmark following an investigation into the operations of ten banks.