ADVERTISEMENT
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.
Clearing & Post-Trade
HKEx Plans to Double Clearing Capacity
By Editors | 02/06/2015
In response to substantially increased trading volumes, HKEx plans to double its stock clearing system capacity.
Structural Regulation
RBI Governor Backs PDMA Proposal
By Editors | 02/06/2015
Governor Raghuram Rajan said there was no reason for the RBI to manage public debt and he would be happy if the public debt management function goes to the government.
Conduct, Culture & Accountability
Australia’s Top Regulators Put Banking Culture and Incentives in the Firing Line
By Editors | 01/06/2015
APRA chairman said banks must lift their efforts to ensure remuneration plans encourage ethical behaviour.
Structural Regulation
Alibaba Affiliated Online Bank to Commence Operations
By Editors | 01/06/2015
The CBRC has given the green light for MYbank to start operating in June.
Clearing & Post-Trade
ASIC Issues Derivative Transaction Rules for Central Clearing of OTC Trade
By Editors | 29/05/2015
The Australian Securities and Investments Commission is seeking industry views on new derivative transaction rules to govern the mandatory central clearing of over-the-counter trade from April next year.
Trading & Investment
China Expects $2.5 Trillion Silk Road Trade Boosting RMB
By Editors | 28/05/2015
China’s New Silk Road project that will link the country to key markets in Asia all the way to Europe is expected to generate $2.5 trillion in trade in 10 years and boost renminbi’s use.
Conduct, Culture & Accountability
Investment Banks Need Corporate Culture Shift, says ASIC
By Editors | 28/05/2015
ASIC has issued reports to the boards of several investment banks on potential deficiencies in their corporate culture.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.