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Securities / Derivatives
Singapore Tightens Rules Against Money Laundering and Terrorist Financing
By Editors | 19/07/2014
The Monetary Authority of Singapore is requiring banks and other financial institutions to perform a risk assessment on money laundering and terrorist financing at a wider institutional level, beyond the assessment of individual customers.
Securities / Derivatives
Taiwan Relaxes Rules on Private Equity Funds
By Editors | 15/07/2014
Taiwan’s Financial Supervisory Commission has relaxed regulation on private equity by allowing domestic asset managers to raise funds for commodity-linked PE investments.
Securities / Derivatives
Indonesia Plans Tougher Rules for Foreign Banks
By Editors | 15/07/2014
A new draft of Indonesia’s banking bill has revealed that lawmakers plan to restrict the operation of foreign banks, setting a deadline for them to become legal entities in the form of Perseroan Terbatas (PT) and capping the level of foreign ownership.
Securities / Derivatives
China Eases Asset Restructuring Rules for Listed Firms
By Editors | 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.
Securities / Derivatives
S. Korea Regulator to Overhaul Financial Regulations
By Editors | 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The South Korean top financial regulator said it will remove regulatory hurdles and outdated practices in the financial sector this year as part of efforts to boost Asia’s fourth-largest economy.
Securities / Derivatives
More Chinese Banks Hit in Money Laundering Scandal
By Editors | 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.
Securities / Derivatives
Australian Government Plans Mandatory Central Clearing of AUD Interest Rate Derivatives
By Editors | 10/07/2014
The Australian government is proposing mandatory central clearing of Australian-denominated interest rate derivatives (IRD).
Securities / Derivatives
Hong Kong Regulator Fines Ping An for Control Failings
By Editors | 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.”
Securities / Derivatives
Australian Regulator Reports on Fee Disclosure Norms for Super and Managed Investments
By Editors | 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.
Securities / Derivatives
Singapore Exchange Launches Liquidity Hub in Hong Kong
By Editors | 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.
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