Markets & Infrastructure

Structural Regulation

Hong Kong Regulator to Amend Disclosure Norms for HK-Shanghai Stock Scheme

By Editors | 19/06/2014

The Securities and Futures Commission plans to revise guidelines that will exempt companies from certain disclosure obligations.

Trading & Investment

Hong Kong Aims to Develop Islamic Finance Market, Says Regulator

By Editors | 19/06/2014

Hong Kong is keen to further develop its Islamic finance market, a Securities and Futures Commission official said, adding that the city aims to work closely with Malaysia in enhancing its platform for Islamic finance.

Trading & Investment

China and UK Launch Direct Currency Trade

By Editors | 19/06/2014

China and the UK have started the direct trading of the yuan against the sterling, in a bid to reduce costs from currency conversions.

Structural Regulation

Taiwan to Ease Rules on Securities Houses

By Editors | 18/06/2014

The Financial Supervisory Commission plans to ease investment restrictions on securities houses, allowing them more flexibility to expand overseas and grow into regional champions.

Structural Regulation

Australian Regulator Extends Super Fund Fee Disclosure

By Editors | 18/06/2014

The Australian Securities and Investments Commission has moved the deadline back to July 2015 for superannuation funds and management investment schemes to comply with fee and cost disclosure requirements.

Structural Regulation

New Zealand Regulator Issues DIMS Licensing Guide for Smaller Advisory Firms

By Editors | 18/06/2014

Commerce Minister Craig Foss has announced changes to the regulation of discretionary investment management services to help smaller financial advisers obtain the service license.

Trading & Investment

Australia’s Fund Managers to Pursue Asia Region Funds Passport in S. Korea

By Editors | 17/06/2014

Australia’s top fund managers will lead high level discussions with South Korean officials and chief executives on how they can develop closer ties in financial services.

Payments & Settlements

Vietnam State Bank Imposes Fee on Cash Deposits

By Editors | 17/06/2014

The State Bank of Vietnam has proposed new rules that would allow local banks to collect fees on cash deposits, in a move to limit cash transactions.

KYC & CDD

India’s SEBI Asks Depository Participants to Share FPI Information with Banks

By Editors | 17/06/2014

Market regulator Securities and Exchange Board of India has asked depository participants to share information about foreign portfolio investors with banks, as part of efforts to harmonise norms focused on client information.