MARKET INFRASTRUCTURE

Market Infrastructure

Chinese Affiliate of Dutch HFT Firm in CSRC Probe

By Samuel Riding | 26/08/2016

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

Market Infrastructure

PBOC Financial Stability Head Moves to CSRC

By Samuel Riding | 26/08/2016

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

AML / KYC

Hong Kong Grants 1st Stored Value Licences

By Samuel Riding | 26/08/2016

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

Market Infrastructure

PSX Eyes International Investment

By Samuel Riding | 25/08/2016

Managing director says exchange aims to introduce derivatives, improve technology and sell overseas.

Market Infrastructure

MAS Reviewing VC Rules to Boost Fintech

By Samuel Riding | 25/08/2016

Regulator’s managing director says Singapore lacks the capital and talent of other fintech centres.

Market Infrastructure

SFC Reprimands Morgan Stanley, Issues USD2.4mn Fine

By Samuel Riding | 25/08/2016

US bank’s Hong Kong securities operation says to review internal controls to ensure compliance.

Market Infrastructure

SEBI Loosens Commodity Hedging Limits

By Samuel Riding | 23/08/2016

Norms for client code modifications also liberalised.

Market Infrastructure

Philippines’ Proposed Equity, Bond Exchange Merger Revived

By Samuel Riding | 23/08/2016

Regulator says it could approve the proposal as early as this November.

Capital / Liquidity

BSP Increases Pace of Rural Bank Closures

By Samuel Riding | 23/08/2016

Central bank has closed 15 lenders so far this year; aiming to strengthen local banks as presence of foreign institutions expands.