Structural Regulation

China Eases Asset Restructuring Rules for Listed Firms

12/07/2014

The China Securities Regulatory Commission is relaxing rules for listed firms to buy, sell or swap assets in a bid to encourage mergers and acquisitions in the market.

Structural Regulation

S. Korea Regulator to Overhaul Financial Regulations

11/07/2014

The South Korean top financial regulator said it will remove regulatory hurdles and outdated practices in the financial sector this year as part of efforts to boost Asia’s fourth-largest economy.

Anti-Money Laundering

More Chinese Banks Hit in Money Laundering Scandal

10/07/2014

China Citic Bank has become the second Chinese bank accused of breaching foreign exchange rules through services that allow people to take money out of the mainland.

Clearing & Post-Trade

Australian Government Plans Mandatory Central Clearing of AUD Interest Rate Derivatives

10/07/2014

The Australian government is proposing mandatory central clearing of Australian-denominated interest rate derivatives (IRD).

Anti-Money Laundering

Hong Kong Regulator Fines Ping An for Control Failings

09/07/2014

The Securities and Futures Commission has fined Ping An of China Securities (Hong Kong) HK$6 million over “serious internal control deficiencies.”

Conduct, Culture & Accountability

Australian Regulator Reports on Fee Disclosure Norms for Super and Managed Investments

08/07/2014

Australian Securities and Investments Commission has released a report on its review of the fee and cost disclosure practices in the superannuation and managed investment industry.

Trading & Investment

Singapore Exchange Launches Liquidity Hub in Hong Kong

08/07/2014

Singapore Exchange has moved forward on a collaboration with the Hong Kong Exchanges and Clearing with the launch of SGX’s liquidity hub at the Hong Kong exchanges’ data centre.

Trading & Investment

Basel Committee, IOSCO to Review Development of Securitisation Markets Worldwide

08/07/2014

The Basel Committee on Banking Supervision and the International Organization of Securities Commissions are leading a task force that will undertake a wide-ranging survey of securitisation markets worldwide.

Trading & Investment

Regulator SFC to Promote Hong Kong Domiciled Funds

08/07/2014

The Securities and Futures Commission said it will continue with its efforts to develop an asset management market for Hong Kong domiciled funds, while safeguarding investor interests through launching various regulatory initiatives.