Markets & Infrastructure

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.

Trading & Investment

China Plans Initiatives to Boost Bond Market

By Editors | 07/08/2015

China’s National Development and Reform Commission says it will further develop the bond market using initiatives to boost debt funding for infrastructure projects which will also server to boost the economy.

Conduct, Culture & Accountability

Australia Clamps Down on Excessive Private Equity Fees

By Editors | 06/08/2015

The Australian Securities and Investments Commission is being urged to crack down on the disclosure of fees by private equity firms amid fears local super funds and investors are being overcharged.

Payments & Settlements

PBOC Proposes Rules to Limit Internet Payments in China

By Editors | 05/08/2015

The draft rules will prevent users from transferring funds to other users’ bank accounts, cap the size of daily transactions and increase identification requirements.

Trading & Investment

SFC Fines BNP Paribas HK$15m for Dark Pool Failures

By Editors | 04/08/2015

SFC fines BNP Paribas HK$15m for failing to properly prioritise client orders in matching and obtain their consent in relation to its dark liquidity pool trading services.