Trading & Investment

Singapore Banks to Stop Setting Indonesia Foreign Exchange Reference Rate

18/02/2014

Banks in Singapore are to stop setting a reference rate for the Indonesian rupiah after March 27.

Market Abuse

Japan Regulator Seeks to Penalise Foreign Firm for Stock Manipulation

18/02/2014

The Securities and Exchange Surveillance Commission seeks to penalise Select Vantage Inc. for stock manipulation.

Emerging Prudential Risks

China’s Central Bank Limits Bond Investment by Shadow Bank Products

18/02/2014

The People’s Bank of China has issued rules governing investment by wealth management products in bond markets.

Trading & Investment

ASIFMA Launches New Asset Management Group

18/02/2014

With the launch of a new asset management group, ASIFMA aims to act as a collective voice of the asset management industry in the region.

Market Abuse

World’s Top Financial Regulator Joins Global Foreign Exchange Probe

18/02/2014

The Financial Stability Board has stepped in to undertake its own investigation of foreign exchange benchmarks amid allegations of price manipulation.

Trading & Investment

Indonesian Banks Sign Repurchasing Deal to Boost Money Market

18/02/2014

Indonesia’s central bank and several big commercial lenders signed a repurchase agreement, in a move to bolster the domestic money market and elevate the nation’s sovereign debt status.

Cryptocurrency

Bitcoin Resumes Trade in Thailand As Central Bank Softens Stance on Virtual Currency

17/02/2014

Bitcoin Co resumed operations in Thailand after the central bank said the cryptocurrency does not fall under the regulation of the Ministry of Finance.

Clearing & Post-Trade

LME/HKEx Launches Trade Reporting Service LMEwire, Meets EMIR Deadline

16/02/2014

LME Clear launches new trade-reporting service and meets the February 12 deadline set out by the European Market Infrastructure Regulation.

Structural Regulation

India’s Market Regulator Revamps Corporate Governance Norms, Mutual Fund Rules

14/02/2014

The Securities and Exchange Board of India introduces changes in the corporate governance code and mutual fund industry rules.