Markets & Infrastructure

    Structural Regulation

    China Eyes New Privately Financed Banks

    By Editors | 07/01/2014

    Up to five private banks will be created in China this year as it aims to open up the financial sector and raise competition in the industry. The banks will be allowed to operate on a trial basis under the supervision of Chinese banking authorities.

    Resolution & Recovery

    HK Consultation on Establishing Resolution Regime for Financial Institutions

    By Editors | 07/01/2014

    Hong Kong Government and regulators have launched the first stage of a public consultation on establishing an effective resolution regime for financial institutions, including financial market infrastructures.

    Structural Regulation

    CCIL Selected to Issue LEIs in India

    By Editors | 07/01/2014

    The Reserve Bank of India has selected the Clearing Corporation of India Ltd. (CCIL) to act as a Local Operating Unit (LOU) for issuing globally compatible Legal Entity Identifiers (LEIs) in India.

    Clearing & Post-Trade

    RBI Grants Qualified Counterparty Status to CCIL

    By Editors | 02/01/2014

    The Reserve Bank of India (RBI) has granted Qualified Central Counterparty (QCCP) status to the Clearing Corporation of India (CCIL). […]

    Clearing & Post-Trade

    US Regulator Authorises SGX for Derivatives Clearing

    By Editors | 30/12/2013

    The Commodity Futures Trading Commission (CFTC) has approved the Singapore Exchange (SGX) as a Derivatives Clearing Organization (DCO), making it the first of its kind in Asia.

    Structural Regulation

    Japan to Implement Regulation on Financial Benchmarks

    By Editors | 30/12/2013

    The Tokyo Interbank Offered Rate (TIBOR) is likely to be the first benchmark to be regulated following recent study group […]

    Structural Regulation

    CFTC Approves Substituted Compliance for Asian Jurisdictions

    By Editors | 27/12/2013

    The Commodity Futures Trading Commission (CFTC) has approved substituted compliance for six jurisdictions including Australia, Hong Kong and Japan.

    Trading & Investment

    IOSCO Publishes Retail Structured Products Report

    By Editors | 23/12/2013

    The International Organization of Securities Commissions (IOSCO) today published their report on Regulation of Retail Structured Products. The report will act as a toolkit outlining regulatory options for international securities regulators when regulating retail structured products.

    Conduct, Culture & Accountability

    SFC Fines HSBC over Inaccurate Licence Application

    By Editors | 20/12/2013

    The Hong Kong securities regulator on Thursday fined an arm of HSBC $5M HKD (US$640,000) for providing inaccurate information during […]

    Conduct, Culture & Accountability

    Bloomberg Launches Compliance Center

    By Editors | 19/12/2013

    With recent controversy surrounding group chat rooms used by financial firms including measures by Barclays, Citigroup and Royal Bank of […]

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