Credit Risk

China Relaxes Bank Rules to Write Off Small Loans

22/01/2014

China moves ahead with reforms to overhaul its financial system as it eases bank rules on loan write-offs, while offering small lenders better access to funds.

Data Privacy

S. Korea Regulator Eyes Overhaul of Anti-Piracy Policy to Combat Data Theft

22/01/2014

The country’s financial industry watchdog plans an overhaul of anti-piracy polices to fight data breach.

Structural Regulation

Singapore Exchange to Introduce Circuit Breakers Next Month

22/01/2014

Southeast Asia’s biggest bourse is introducing circuit breakers on February 24 as an additional market safeguard.

Structural Regulation

Bursa Malaysia Plans Tighter Depository Rules

22/01/2014

Bursa Malaysia Depository Sdn. Bhd invites comments on a consultation paper seeking feedback on the proposed amendments to the Rules of Bursa Malaysia Depository to close dormant accounts.

Structural Regulation

Indonesia to Stimulate Financial Sector in Funding Export-Based Industries

22/01/2014

The Financial Services Authority (OJK) said it will strengthen its intermediation function and work toward the stability of the financial services sector in support of export-based industries and other “productive sectors.”

Anti-Money Laundering

US May Delay FATCA Implementation

22/01/2014

The Foreign Account Tax Compliance Act (FATCA) may be delayed again by another six months due to pending intergovernmental agreements between the U.S. and other countries.

Trading & Investment

SEBI Refines Rules for Interest Rate Futures

21/01/2014

The Securities and Exchange Board of India (SEBI) is enhancing monitoring requirements and easing certification norms for employees of intermediaries as local exchanges launch interest rate futures this month.

Conduct, Culture & Accountability

India Tasks New Committee to Review Governance of Boards at Local Banks

21/01/2014

The committee, tasked to oversee governance of boards at local banks, will be chaired by Shri P. J. Nayak, former Chairman and CEO of Axis Bank.

Structural Regulation

Fund Managers Delay on AIFMD Application, Bottlenecks Seen Ahead of July Deadline

20/01/2014

With only six months to go until full implementation of the Alternative Investment Fund Managers Directive (AIFMD) on July 22nd, fewer than 20% of alternative investment fund managers (AIFMSs) have submitted an application to their local regulator for AIFMD authorisation, says industry survey.