Markets & Infrastructure

Conduct, Culture & Accountability

Korea Seeks to Expand Recruitment Probe to NBFIs

By Editors | 09/02/2018

Probe could include some 70 savings banks, insurers, credit card providers and investment companies.

Trading & Investment

Research in an Unbundled World

By Roland De Marsangy | 08/02/2018

Buy-side firms are finding their way to new ways of profiting from their research, and market volumes appear unaffected in the early stages of the MiFID II era.

Trading & Investment

SFC Highlights Areas of Concern on Best Execution

By Bradley Maclean | 08/02/2018

Hong Kong SFC’s recent report on licensed corporations attitudes towards best execution practices shows there is much to be desired.

Conduct, Culture & Accountability

Australia Moves to Cap Banker Pay

By Garima Chitkara | 08/02/2018

New law intended to restore trust in scandal-hit sector; executives to be held directly accountable and can be potentially banned from the industry on non-compliance.

Structural Regulation

Indonesia Faces Resistance on Asean Banking Protocol

By Editors | 08/02/2018

Indonesian parliamentary commission appear unsure about Indonesian Banks’ ability to compete with foreign banks.

Conduct, Culture & Accountability

ANZ, Westpac Banks Refund Credit Card Customers

By Editors | 08/02/2018

ANZ to refund AUD10.2mn for improper fee disclosures; Westpac completes AUD11.3mn remediation following review of credit card limit increases.

Clearing & Post-Trade

Regulatory Obligations Aggravate Collateral Scarcity: Report

By Manesh Samtani | 08/02/2018

Recent market trends increasingly favouring secured transactions, coupled with financial crises and regulatory requirements have made collateral scarcer than ever, new report suggests.

Trading & Investment

S. Korea Scraps Plan for Tougher Capital Gains Taxes on Foreigners

By Editors | 08/02/2018

Securities firms don’t have the infrastructure to support the plan; critics say it would have disrupted markets and caused capital flight.

Credit Risk

Philippines to Expand List of Allowable Loan Collateral

By Garima Chitkara | 07/02/2018

New law, currently in Congress, will expand financing to SME and agricultural sector by allowing movable collateral.