Markets & Infrastructure

Structural Regulation

Withholding Tax on Bank Transactions is Illegal, says Pakistan Economy Watch

By Editors | 17/10/2015

Independent forum Pakistan Economy Watch says the withholding tax imposed on bank transactions is illegal and unethical, and violates the basic rights of the banked population.

Structural Regulation

Super Funds Oppose Plan for Independent Directors

By Editors | 16/10/2015

Union-backed superannuation funds are urging Australia’s prime minister to scrap new legislation which would force them to ensure that one-third of directors including the chairman are independent.

Trading & Investment

Super Funds, Tax Policy Holding Back Bond Market

By Editors | 16/10/2015

David Murray has pointed the finger at superannuation fund trustees and a distortive tax system for Australia’s underdeveloped corporate bond market, which he says is hurting companies and retirees.

Trading & Investment

SEBI Seeks to End Rating Suspensions by Agencies

By Editors | 16/10/2015

The Securities and Exchange Board of India has asked credit rating agencies to suggest ways to avoid rating suspensions if a company stops providing adequate information.

AI Risk & Governance

Reinventing Regulation

By Editors | 16/10/2015

Concern about regulation should take a backseat to discussions on how to reinvent the regulatory framework.

Payments & Settlements

Japan Launches New Payment and Settlement System

By Editors | 15/10/2015

The Bank of Japan has launched its renewed payment and settlement system BOJ-NET, its latest efforts to internationalise the Japanese yen,

Trading & Investment

Hong Kong to Introduce New Commodities Contracts

By Editors | 14/10/2015

Hong Kong Exchanges and Clearing plans to introduce London Nickel Mini Futures, London Tin Mini Futures and London Lead Mini Futures contracts.

Structural Regulation

Thailand Consults on Revised Crowdfunding Rules

By Editors | 14/10/2015

Thailand’s Securities and Exchange Commission is seeking public comments on proposed revisions to crowdfunding rules which have been in effect since May 2015.

Clearing & Post-Trade

SFC Chairman Pushes for OTC Derivatives Reform

By Editors | 14/10/2015

The chairman of the Securities and Futures Commission says there is no room for delay in the implementation of OTC derivatives reforms as international standards need to be met.