Markets & Infrastructure

Conduct, Culture & Accountability

IFSB Issues Working Paper on Financial Consumer Protection in Islamic Finance

By Editors | 26/10/2015

Paper provides examples where regulators can deal with issue of consumer protection without need to take stance on Shari’ah matters.

Structural Regulation

SEBI Forms New Depts to Regulate Commodity Markets

By Editors | 24/10/2015

The Securities and Exchange Board of India has announced the formation of seven departments for regulating the commodities derivatives market.

Trading & Investment

SEBI Issues Risk Mgt Framework for Regional Commodity Bourses

By Editors | 23/10/2015

The Securities and Exchange Board of India has issued a comprehensive risk management framework for regional commodity derivatives exchanges, to be implemented by April 1, 2016.

Payments & Settlements

RBI Urges Payments Banks to Share Infrastructure

By Editors | 22/10/2015

The Reserve Bank of India has suggested for newly-licensed payments banks to share infrastructure among each other in a bid to minimise costs and enable greater financial inclusion.

Supervision & Enforcement

Financial Innovation Shouldn’t Fall Victim to Regulators’ Regrets

By Peter Guy | 20/10/2015

Some regulators regret that no bankers were imprisoned for their role in the 2008 financial crisis. But, is this realistic?

Structural Regulation

Indonesia Expects Myanmar Banking Deal by Year-End

By Editors | 18/10/2015

Indonesia’s Financial Services Authority (OJK) expects to seal a bilateral deal with Myanmar’s banking regulator before the end of the year.

Payments & Settlements

RBA Designates Payment Systems for Regulatory Review

By Editors | 18/10/2015

The Reserve Bank of Australia has announced it has designated a number of card companies under the Payment Systems Act.

Trading & Investment

India Bourse Offers Incentives to Boost ETF Segment

By Editors | 17/10/2015

The National Stock Exchange of India has started its new incentive scheme for market makers to boost liquidity in exchange traded funds.

Structural Regulation

Withholding Tax on Bank Transactions is Illegal, says Pakistan Economy Watch

By Editors | 17/10/2015

Independent forum Pakistan Economy Watch says the withholding tax imposed on bank transactions is illegal and unethical, and violates the basic rights of the banked population.