Market Abuse

Hong Kong’s SFC Says Will Be On Guard for Market Manipulation

12/05/2015

Securities and Futures Commission would watch market activity closely to ensure against market manipulation amid a surge in trading volume.

Credit Risk

RBA Paper Cautions on Bank Lending Standards

11/05/2015

Regulators should pay close attention to banks’ lending standards and risk profile of borrowers to avert massive credit losses in banks in times of economic shocks, a Reserve Bank of Australia (RBA) paper revealed.

Anti-Money Laundering

Regulatory Advisory Firm Bovill Names New Head for Asia

11/05/2015

Specialist financial services regulatory consultancy Bovill said it named Eddie Lim as new head of Bovill Asia.

Liquidity Risk

China Relaxes Banks’ Deposit Rates, Slashes Interest Rates

10/05/2015

The People’s Bank of China has cut a quarter of a percentage point off benchmark lending and deposit rates, effective Monday.

Structural Regulation

India Appeases Foreign Investors as Government Moves to Resolve Tax Row

07/05/2015

India is setting up a panel that will suggest ways to resolve disputes arising from the country’s imposition of the minimum alternate tax (MAT), a levy imposed on years-old capital gains of foreign companies.

Credit Risk

China Pushes for More Lending to Small Business

07/05/2015

China’s banking regulator urged commercial banks to boost lending to riskier small businesses and the rural sector in a bid to bolster the country’s overall economy.

Cloud & Infrastructure

S Korea’s FSC Aims to Get More Banks to Fund Fintech Firms

07/05/2015

South Korea’s Financial Services Commission (FSC) said the state-run policy lenders Korea Development Bank and the Industrial Bank of Korea will allocate 200 billion won ($184.9 million) in funds this year to support financial technology companies or fintech.

Structural Regulation

China Plans to Allow Residents to Invest Overseas via FTZ

07/05/2015

China plans to allow Chinese individuals to invest in financial markets overseas through the Shanghai Free Trade Zone (FTZ).

Clearing & Post-Trade

GIC Adopts Omgeo ALERT to Boost Operational Efficiency

07/05/2015

Omgeo announces that Singapore’s sovereign wealth fund GIC has adopted Omgeo ALERT as its settlement instruction service.