Markets & Infrastructure

Emerging Prudential Risks

China Tightens Regulation on Interbank Business

By Editors | 19/05/2014

China’s financial regulators is stepping up regulation for interbank borrowing in a move to manage risks in the financial system and deploy more capital into the real economy.

Trading & Investment

Indonesia’s Finance Regulator Rolls Back Share Buyback Rule

By Editors | 19/05/2014

Indonesia’s Financial Services Authority has rolled back its a policy on share buyback scheme amid improving markets conditions.

Payments & Settlements

Taiwan Regulator Okays Draft Bill on Third-Party Payments

By Editors | 19/05/2014

Taiwan’s Financial Supervisory Commission has given its go-ahead for non-financial companies to engage in online-to-offline payment services amid growing use of electronic stored-value cards for third-party payments.

Structural Regulation

S.Korea Regulator to Push Ahead with KDB Merger, Launches Maritime Financing

By Editors | 16/05/2014

As part of capital market reforms, the Financial Services Commission said it will complete state-run Korea Development Bank’s merger with policy lender Korea Finance Corp within the year.

Structural Regulation

Myanmar Central Bank Readies New Monetary Policy

By Editors | 16/05/2014

Myanmar’s central bank is expected to submit a new monetary policy during parliament’s next session, which begins late this month.

Trading & Investment

India’s SEBI Issues Risk Management Norms for Foreign Portfolio Investors

By Editors | 16/05/2014

Market regulator Securities and Exchange Board of India (SEBI) came out with a risk management framework for foreign portfolio investors (FPIs) citing margin of trade and position limits for investors in the cash market.

Structural Regulation

Vietnam Issues New Circular on Foreign Investment

By Editors | 15/05/2014

The State Bank of Vietnam has issued a circular which guides the opening and use of indirect investment capital accounts for foreign investors in the country.

Trading & Investment

India’s SEBI Plans Tax Benefits for Mutual Fund Products

By Editors | 15/05/2014

The Securities and Exchange Board of India will petition the new government for more tax relief for mutual funds and the equity market to incentivise and channel savings into long-term investment products.

Market Abuse

Hong Kong Regulator Reprimands Citigroup on Algorithm Error

By Editors | 15/05/2014

The Securities and Futures Commission (SFC) has reprimanded Citigroup Global Markets Asia Limited (Citigroup) for failing to ensure its algorithmic trading systems functioned property for certain securities orders between April 2009 and May 2010.