Whether or not they know it authorities have taken on the impossible task of preparing for financial calamity.
The Securities and Futures Commission has reappointed Carlson Tong as its chairman for a term of three years effective from October 20, 2015.
The China Securities Regulatory Commission is considering the resumption of initial public offerings, after halting approvals since July amid a domestic stock market meltdown.
The Financial Markets Authority has issued the first annual report under the new Financial Markets Conduct Act, highlighting progress in delivering a modern and flexible approach to regulating financial services.
Three consortiums led by IT firms have applied for preliminary licenses to launch the country’s first Internet-only banks.
The Monetary Authority of Singapore has issued a consultation paper proposing to implement margin requirements for non-centrally cleared OTC derivative trades to reduce counterparty credit risks.
The Financial Stability Board has published a progress report on implementation of its September 2014 recommendations for reforms to foreign exchange benchmarks.
The Securities and Exchange Board of India has asked asset managers to develop internal credit appraisal systems to assess corporate bond investments in their portfolios, and reduce their reliance on rating agencies.
The Securities and Exchange Board of India has announced a comprehensive risk management framework for national commodity exchanges to bring them on par with the regulations for equity exchanges.
The Australian Securities and Investment Commission has released two consultation papers proposing to remake eight class orders that are due to expire over the next three years.