Markets & Infrastructure

Structural Regulation

India Looks to Expedite New Bank Licenses

By Editors | 31/07/2015

The Reserve Bank of India has asked the Income Tax Department to expedite the collection of financial and tax history of almost 50 companies seeking licences to operate small finance and payment banks in India.

Market Data & Technology

Urgency Required to Enact Global Data Standards, says DTCC

By Editors | 30/07/2015

The Depository Trust & Clearing Corporation has urged legislative and industry action to address three key obstacles it has identified that are hindering achievement of the G20 transparency goals.

Cloud & Infrastructure

MAS to Strengthen Dialogue with Financial Industry

By Editors | 29/07/2015

Creation of the new Financial Centre Advisory Panel aimed at strengthening dialogue and partnership with the financial industry.

Payments & Settlements

Taiwan to Start Issuing Third-Party Payment Licenses in August

By Editors | 29/07/2015

Taiwan’s Financial Supervisory Commission plans to start issuing licenses for third-party payment services in August.

Trading & Investment

China Financial Futures Exchange Signs MoU with Moscow Exchange

By Editors | 28/07/2015

The China Financial Futures Exchange and the Moscow Stock Exchange have signed a memorandum of understanding to deepen their partnerships and promote common development.

Structural Regulation

S. Korea Banks Step up Efforts to Retain Customers

By Editors | 27/07/2015

Korean Banks are stepping up customer retention efforts by offering benefits such as banking fee discounts and prime interest rates, in a bid to prevent them from moving their accounts to other banks.

Structural Regulation

India to Weaken Central Bank Monetary Powers

By Editors | 27/07/2015

Ministry of Finance releases draft regulation which would revamp the way the RBI sets monetary policy.

Emerging Prudential Risks

Basel Committee, IOSCO Publish Final Criteria for Securitisation Structures

By Editors | 27/07/2015

The Basel Committee on Banking Supervision and the International Organization of Securities Commissions have issued final criteria for identifying simple, transparent and comparable securitisation structures.

Structural Regulation

Australian Government to Audit ASIC

By Editors | 27/07/2015

Australia’s government will conduct the first full-scale audit of the Australian Securities and Investments Commission (ASIC) in 17 years, laying the groundwork for a major overhaul in how the corporate watchdog is funded and operated.