Conduct, Culture & Accountability

Australian Treasurer Rejects Call for Banking Inquiry

26/08/2016

Scott Morrison says sector should focus on improving culture to prevent misconduct.

Market Abuse

Singapore’s 1st ‘Front Running’ Prosecution

26/08/2016

Three defendants each charged with more than 100 offences.

Payments & Settlements

MAS Issues Payments Consultation

26/08/2016

Regulator proposes activity-based regime under single regulatory framework.

Capital Adequacy

SBI to Raise $1.6bn in Tier 1 Capital

26/08/2016

Bank to issue USD- and INR-denominated Basel III-compliant perpetual debt.

Structural Regulation

Singapore Issues New Audit Measures

26/08/2016

Accounting regulator says approach aims to improve investor confidence.

Market Abuse

Chinese Affiliate of Dutch HFT Firm in CSRC Probe

26/08/2016

IMC says it is cooperating with regulator on inquiry into Shanghai-based operation.

Structural Regulation

PBOC Financial Stability Head Moves to CSRC

26/08/2016

Sources say Xuan Changneng’s role is to assist securities regulator’s chairman.

Payments & Settlements

Hong Kong Grants 1st Stored Value Licences

26/08/2016

Five firms issued with licences under Ordinance introduced in November 2015.

Trading & Investment

Japan Eyes Margin Trading Liberalisation

26/08/2016

FSA could end ‘off-exchange’ ban, allow trading at night and on public holidays.