Securities / Derivatives

Securities / Derivatives

Taiwan Regulator to Push for Consolidation in Financial Sector

By Editors | 29/07/2014

Taiwan’s top financial regulator is moving to consolidate the country’s fragmented and over-crowded financial sector by engaging leaders of some of its largest banks in a dialogue.

Securities / Derivatives

Indonesia’s Proposed Bank Ownership Policy to Impact Malaysian Lenders

By Editors | 23/07/2014

Malaysian ownership of Indonesian banks came under the spotlight following a proposed bill that compels foreign banks to trim their shareholding to 40%.

Securities / Derivatives

Hong Kong Starts Consultation on New OTC Derivatives Reporting Rules

By Editors | 21/07/2014

The Hong Kong Monetary Authority and the Securities and Futures Commission are seeking industry views on rules regarding mandatory reporting and related record-keeping obligations under the new over-the-counter (OTC) derivatives regime.

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The South Korean top financial regulator said it will remove regulatory hurdles and outdated practices in the financial sector this year as part of efforts to boost Asia’s fourth-largest economy.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.