Markets & Infrastructure

Structural Regulation

Indonesia Court Shoots Down Challenge to Banking Regulator’s Authority

By Editors | 14/08/2015

Indonesia’s constitutional court has rejected a judicial review filed by a group challenging the legal basis for the establishment of the Financial Services Authority (OJK), saying that the regulator did not violate the 1945 Constitution.

Market Abuse

Brokers Ask SEBI to Introduce Algorithmic Trading Controls

By Editors | 13/08/2015

Brokers have asked the Securities and Exchange Board of India to put in place a ‘risk layer’ framework to manage the interaction between participants and exchanges, in order to prevent stock manipulation by algorithmic traders.

Structural Regulation

Taiwan Bank Approved for Consumer Finance JV in China

By Editors | 13/08/2015

Taiwan’s Financial Supervisory Commission has granted approval for CTBC Bank to become the first Taiwanese bank set up a consumer financing joint venture in China.

Trading & Investment

Regulatory Initiatives Responsible for Declining Bond Market Liquidity

By Editors | 13/08/2015

The Global Financial Markets Association and the Institute for International Finance have released a new report from PwC on the state of global debt market liquidity, urging regulators to revisit parts of the post-financial crisis supervisory framework.

Liquidity Risk

Certificates of Deposit Push Banks to Shift to New Norm

By Editors | 12/08/2015

The PBOC issued the Interim Measures for the Administration of Certificates of Deposit in June this year, an examination into the impact of the recent notice.

Trading & Investment

Direct Access to India’s Mutual Fund Houses Lowers Fees for Investors

By Editors | 11/08/2015

Fund houses in India are focusing on directly selling their mutual fund schemes to investors, thereby lowering fees by cutting out distributors.

Capital Adequacy

Proprietary Trading: It’s Still Out There

By Peter Guy | 10/08/2015

The Volker rule was supposed to end proprietary trading, but it has only found a new home inside banks.

Structural Regulation

China to Inspect Online Equity Crowdfunding Platforms

By Editors | 10/08/2015

The China Securities Regulatory Commission will soon begin inspecting online equity financing platforms to address risks brought by illegal activities and help the platforms better serve the real economy.

Market Data & Technology

IOSCO Seeks Greater Post-Trade Transparency for Credit Default Swaps

By Editors | 10/08/2015

The International Organization of Securities Commissions publishes its final report on mandatory post-trade transparency for the CDS market.