Markets & Infrastructure

Cloud & Infrastructure

ASIC Claims World-first Fintech Licensing Exemption

By Samuel Riding | 15/12/2016

New rule allows fintech firms to test services through meeting ASIC requirements and notification.

Structural Regulation

Laos Liberalises Foreign Currency Bank Lending Rules

By Samuel Riding | 15/12/2016

Move aims to address importers’ need to secure foreign currency loans.

Structural Regulation

Philippines Eases FX Rules to Support 100% Foreign Ownership of Banks

By Samuel Riding | 15/12/2016

Central bank has been amending rules related to foreign banking in bid to attract more depositors.

Structural Regulation

S.Korea Grants 1st Internet-only Bank Final Approval

By Samuel Riding | 15/12/2016

K-Bank is also the country’s first new lender to be approved since 1992.

Conduct, Culture & Accountability

HKMA Issues Governance Guidelines

By Samuel Riding | 15/12/2016

Systemically important institutions should set up risk, nomination and remuneration committees.

Trading & Investment

Forex and the Influential Hand of Regulation

By Peter Guy | 14/12/2016

BIS survey covering most tumultuous period in financial history shows how risk appetite has transformed.

Conduct, Culture & Accountability

Korean Banks’ Performance-Based Pay Prompts Backlash

By Samuel Riding | 14/12/2016

Union says Financial Services Commission pressured banks to adopt the system.

Clearing & Post-Trade

China Exchanges Issue Bond Repo Risk Guidelines

By Samuel Riding | 14/12/2016

Measures aim to strengthen risk management and ensure long-term bond market growth.

Conduct, Culture & Accountability

MAS Bids to Raise Adviser Standards

By Samuel Riding | 14/12/2016

Proposals include ethics and skills components, more customised examination models.