Markets & Infrastructure

Payments & Settlements

Banks Must Ensure Foreigners’ RMB Investment Returns Can Be ‘Freely Remitted’ – PBOC

By Samuel Riding | 08/01/2018

PBOC confirms overseas investors can use RMB funds to participate in China’s emissions trading market; send RMB profits, dividends back home.

Trading & Investment

China Tightens Rules for Bond Traders

By Editors | 08/01/2018

Informal transactions will no longer be allowed; market participants will need to sign written agreements.

Trading & Investment

Higher Stock Transaction Tax to Impact Trading Volume: PSE

By Garima Chitkara | 05/01/2018

Stock transaction tax increased 20% from 1 January 2018; change in timeline took exchange by surprise.

Structural Regulation

India Confirms Stock, Commodity Trading to be Allowed on Single Exchanges

By Garima Chitkara | 04/01/2018

Individual exchanges will be able to host equity, equity derivative, commodity derivative, currency derivative, interest rate future and debt instruments.

Structural Regulation

China Details Banking Sector Liberalisation

By Garima Chitkara | 03/01/2018

CBRC will support foreign bank branches entry into government bond-related businesses, loosen RMB retail deposit-taking requirements for foreign bank branches.

Clearing & Post-Trade

Indonesia to Establish Derivatives CCP

By Editors | 03/01/2018

Centralising counterparty risk at a clearinghouse will make derivative products offered by Indonesian financial institutions more competitive.

Structural Regulation

India Overhauls Credit Rating Agency, Fund Sponsor Regulations

By Editors | 02/01/2018

Securities regulator increases net worth requirement for agencies, requires separate legal entities for ‘non-core business’.

Credit Risk

OJK Takes Over Credit Information Management from BI

By Garima Chitkara | 02/01/2018

Indonesian financial regulator will take over arranging, developing and managing credit information systems from central bank.

Trading & Investment

HSBC, StanChart Only HK Stocks to Fall Under MiFIR

By Editors | 29/12/2017

Only two Hong Kong-listed stocks have sufficient EU volume to comply with MiFIR trading obligations.