Conduct, Culture & Accountability

HK Regulator Reprimands, Fines Deutsche Bank for Regulatory Breaches

23/05/2014

The Securities and Futures Commission (SFC) has reprimanded and fined Deutsche Bank HK$1.6 million for regulatory breaches and internal control failings.

Emerging Prudential Risks

S.Korea’s Financial Authorities Need Enhanced Independence, Says IMF

22/05/2014

South Korea needs to strengthen the independence of its financial authorities to ensure the safety and soundness of its financial sector, said the International Monetary Fund.

Structural Regulation

Japan’s Economy Needs ‘Super Regional Banks,’ Says LDP

22/05/2014

Japan’s ruling Liberal Democratic Party will urge government to establish “super regional banks” to help revitalize the economy during the nation’s unorthodox bid to beat deflation.

Conduct, Culture & Accountability

Malaysia’s Audit Board Urges Firms to Ensure Quality of Monitoring Procedure

22/05/2014

Malaysia’s Audit Oversight Board urged audit firms to ensure quality of audit procedures.

Trading & Investment

New Zealand Regulator Sees Improving Confidence in Financial Markets

20/05/2014

A survey by the Financial Markets Authority has found more people are confident in New Zealand’s financial markets, but half are still unsatisfied with investment material companies give clients.

Credit Risk

Philippine Banks to Submit Stress Test Reports

20/05/2014

The Philippine central bank plans a stress test on banks and are asking lenders to submit reports on their assessment on the impact of interest rate changes on the real estate sector and on their balance sheets.

Credit Risk

China’s Slowing Property Market Poses Risk to Banks, Regulator Says

20/05/2014

The country’s weakening property market poses risks to the banking system, an official with the China Banking Regulatory Commission (CBRC) said.

Structural Regulation

India’s Regional Stock Exchanges to Shut Operations as SEBI Deadline Nears

20/05/2014

India’s 15 regional stock exchanges (RSEs) are opting to exit the business as the deadline to meet new net worth and trading norms nears.

Trading & Investment

China Securities Regulator Eyes 100 IPOs from June through 2014

19/05/2014

The China Securities Regulatory Commission (CSRC) is planning about 100 initial public offerings (IPOs) from June to the end of 2014 as the government moves to revamp its IPO rules.