Markets & Infrastructure

Supervision & Enforcement

SFC Proposes Legislative Change to Increase Cross-Border Regulatory Assistance

By Editors | 05/06/2015

The SFC is proposing legislative amendments which would give it discretion to provide supervisory assistance to regulators outside Hong Kong.

Trading & Investment

Indonesia Revises FX Trading and Swap Rules

By Samuel Riding | 03/06/2015

Bank Indonesia allows foreign investors to enter forward, swap or options transactions to buy USD from domestic banks.

Alternative Markets

Bangladesh to Set Up Investment Fund to Finance Local Firms

By Editors | 03/06/2015

The Bangladesh Securities and Exchange Commission has drafted new private equity and venture capital financing rules.

Conduct, Culture & Accountability

RBI Allows Improved Compensation for Banks’ Non-Exec Directors

By Editors | 03/06/2015

The Reserve Bank of India has improved remuneration for non-executive directors of private sector banks.

Emerging Prudential Risks

When Family Ownership Triumphs Over Compliance

By Peter Guy | 03/06/2015

Bank of East Asia faces a challenge from hedge fund revealing the governance shortfalls of family ownership.

Structural Regulation

S. Korean Regulator to Ease Banking Rules on Cross-Sector Business

By Editors | 02/06/2015

South Korea’s chief financial regulator has vowed to remove barriers that have hindered large banking groups from diversifying their portfolios and doing cross-sector business.

Credit Risk

Australian Regulators to Investigate Excessive Credit Card Rates at Banks

By Editors | 02/06/2015

Financial regulators are expected to investigate the record gap between the Reserve Bank of Australia (RBA) official interest rate and credit card rates.

Trading & Investment

Hong Kong Regulator Reprimands BNP for Unreported Cross Trades

By Editors | 02/06/2015

The Securities and Futures Commission (SFC) has reprimanded and fined BNP Paribas Securities (Asia) Limited HK$11 million for failing to report more than HK6 billion of cross trades over a 10-year period.

Conduct, Culture & Accountability

ASIC Proposes Register of “Bad Apple” Stockbrokers

By Editors | 02/06/2015

In an effort to protect investors and boost consumer confidence, ASIC is pushing to create a register which would list stockbrokers’ disciplinary records.