
Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
Structural Regulation
Philippines Central Bank Urges Congress to Allow Entry of More Foreign Banks
25/02/2014
The Bangko Sentral ng Pilipinas has asked Congress to pass a bill easing restrictions on foreign banks investing in the country.
Anti-Money Laundering
Indonesia, Pakistan, Myanmar on FATF’s Gray List
24/02/2014
The Financial Action Task Force, the international body for setting global standards for combating money laundering and terrorist financing, kept the Asian countries on its gray list.
Trading & Investment
S.Korea to Establish 20-Year Government Bond Futures by 2015, Monitor Yuan Deposits
24/02/2014
The Financial Services Commission plans to launch a 20-year government bond futures market by 2015 to boost derivatives trading activity.
Trading & Investment
China to Expand Yuan Trading Band This Year
21/02/2014
The People’s Bank of China will expand the yuan’s trading band this year and quicken convertibility on the capital account.
Capital Adequacy
Australian Banks Welcome US Decision to Adopt Relaxed Ruling on Foreign Banks
21/02/2014
The Federal Reserve has adopted a new rule that will protect the US financial system from potential problems from foreign banks operating in the country.
Structural Regulation
Myanmar to Issue Operating Licenses to at Least Five Foreign Banks in July
20/02/2014
The Central Bank of Myanmar mulls the granting of independent operating licenses to at least five foreign banks in July.
Liquidity Risk
China Regulator Seeks Bank Liquidity Coverage Ratio of 100% by 2018
20/02/2014
Chinese banks are urged to keep a liquidity coverage ratio of 100% by 2018.
KYC & CDD
OECD Sets Global Standard for FATCA-Inspired Tax Information Exchange
19/02/2014
The Organization for Economic Cooperation and Development sets worldwide standard for tax information exchange among member countries.
Credit Risk
Malaysian Banks Told to Keep Minimum 1.2% CA Allowance
19/02/2014
Malaysian Banks have been told to have a minimum collective assessment (CA) ratio of 1.2% by the end of next year.
Reporting & Disclosures
India’s Regulator Seeks Consolidated Report on Listed Companies’ Information
19/02/2014
The Securities and Exchange Board of India proposes that companies prepare annual documents bearing all relevant information about their operations.
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