Markets & Infrastructure

Cybersecurity

Hong Kong Regulator Releases Circular on Internet Trading, Hacking Risks

By Editors | 28/01/2014

Hong Kong’s Securities and Futures Commission calls on corporations to enhance IT security controls to reduce internet hacking risks.

Trading & Investment

Singapore Opens RQFII License for Local Financial Institutions

By Editors | 28/01/2014

The Monetary Authority of Singapore introduces Renminbi Qualified Foreign Institutional Investor (RQFII) license, bolstering the country’s credentials as an offshore yuan hub.

Structural Regulation

China Mulls Tobin Tax on Foreign-Currency Transactions

By Editors | 26/01/2014

China is considering measures, including a levy on spot foreign-currency transactions, to curb speculative capital flows.

Trading & Investment

Thailand’s Stock Exchange Plans to Allow Foreign IPOs

By Editors | 24/01/2014

Thailand’s stock exchange plans to change its rules to allow foreign companies to list in Bangkok, in a bid to become a regional trading hub challenging Singapore and Hong Kong.

Structural Regulation

India to Plan Merging Regulators to Boost Bourses Oversight

By Editors | 24/01/2014

The Finance Ministry is planning to combine the stock and commodities market regulators to strengthen oversight of markets.

Supervision & Enforcement

‘Big Four’ Accounting Firms To Appeal Against SEC China Ruling

By Editors | 24/01/2014

The “Big Four” accounting firms said they will fight a ruling by the US Securities and Exchange commission suspending their Chinese units for six months.

Cryptocurrency

Indonesia Recommends Against Bitcoin Use

By Editors | 24/01/2014

The Central Bank of Indonesia have recommended against the use of Bitcoin in the country. According to the central bank, the virtual currency fails to meet a number of regulations.

Conduct, Culture & Accountability

Japan to Urge Banks to Appoint Outside Board Members for Transparency

By Editors | 24/01/2014

Japanese regulators plan to call on banks and their holding companies to appoint outside directors as members of their board to enhance transparency in management.

Structural Regulation

Kinetic Partners: Attitude Towards Regulation Softens, Highlights Need for Global Coordination

By Editors | 23/01/2014

Business executives’ attitude toward regulation improves, but the need for global coordination remains, a survey by consulting and advisory firm Kinetic Partners reveals.