Market Infrastructure

CSRC Readies 1st Forcible De-listing

22/06/2016

Securities regulator toughening enforcement stance; has rejected 17 IPO applications this year.

Market Infrastructure

PBOC to Consider Allowing Foreign Listings

22/06/2016

Central bank’s annual report also says it will further open up China’s bond market.

Market Infrastructure

Pakistan Amends Prudential Regulations

21/06/2016

Banks allowed to issue guarantees to lower-rated foreign counterparties.

Securities / Derivatives

HSBC Files USD35mn Rate Rigging Settlement

21/06/2016

Proposed payment relates to anti-trust case alleging manipulation of two yen benchmarks.

Market Infrastructure

Tax Rules Could ‘Collapse’ Pakistan Brokerage Industry

21/06/2016

Director of Pakistan Stock Exchange attacks recent tax changes, excessive regulation.

AML / KYC

ASIC Flags OTC Derivatives Compliance Failures

21/06/2016

More than 70% of firms authorised to sell retail OTC derivatives said failing to meet requirements.

Market Infrastructure

HKMA Warns on Aggressive Mortgage Lending

21/06/2016

Developers’ offering up to 95% mortgages increases banks’ credit risk, deputy head says.

AML / KYC

SGX Finalises Sustainability Reporting Rules

21/06/2016

Singapore Exchange introduces reporting on ‘comply or explain’ basis.

Market Infrastructure

RBI Governor Rajan to Step Down

20/06/2016

RBI governor decides not to renew term, will return to academia.