Markets & Infrastructure

Conduct, Culture & Accountability

ASIC’s Biggest Concern – Culture and Conduct

By Editors | 02/09/2015

The Australian Securities and Investment Commission has published its latest three-year corporate plan, highlighting gatekeeper conduct and poor financial advice as some of its biggest concerns.

Trading & Investment

Japan Regulatory Change Sees Bloomberg ETP Launch

By Editors | 02/09/2015

Bloomberg Tradebook and Tradeweb Markets have launched their electronic trading platforms in Japan for banks and securities firms mandated to start using electronic platforms for specified OTC derivative transactions.

Market Abuse

Philippine Regulator Seeks to Bypass Bank Secrecy Law

By Editors | 01/09/2015

The Securities and Exchange Commission of the Philippines is seeking leeway from Congress to scrutinise bank records so as to respond promptly when there are cases of securities violation.

Trading & Investment

China Tightens Rules on Stock Index Futures

By Editors | 01/09/2015

The China Securities Regulatory Commission has increased margin requirements on stock index futures contracts and narrowed the number of contracts that traders can open in a bid to curb speculation.

Payments & Settlements

Australia Payments System Board signs MoU with Payments Council

By Editors | 01/09/2015

The Memorandum of Understanding sets out a framework for engagement between the two bodies and will enhance industry coordination in dealing with cooperative issues that arise in the payments system.

Payments & Settlements

India Grants Payments Banks Licenses to Corporates

By Editors | 01/09/2015

The Reserve Bank of India has approved eleven non-financial corporations to become payments banks, a new classification of financial institution that can offer basic banking and payment services.

Structural Regulation

China Eases Property Investment Rules for Foreigners

By Editors | 31/08/2015

China has relaxed its property investment rules for foreigners, allowing them to buy as many properties as they wish and loosening restrictions on loans and settlement in foreign currencies.

Trading & Investment

Yangon Stock Exchange to Open in Early December

By Editors | 31/08/2015

The Yangon Stock Exchange, Myanmar’s first modern bourse, will begin accepting listing applications in September and open in early December.

Structural Regulation

Industry Funding Model Proposed for Australian Regulator

By Editors | 28/08/2015

ASIC releases consultation paper proposing an industry funding model where regulatory costs will be recovered directly from banks, listed companies and the financial services sector.