Markets & Infrastructure

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.

Structural Regulation

Singapore Exchange to Introduce Circuit Breakers Next Month

By Editors | 22/01/2014

Southeast Asia’s biggest bourse is introducing circuit breakers on February 24 as an additional market safeguard.

Structural Regulation

Bursa Malaysia Plans Tighter Depository Rules

By Editors | 22/01/2014

Bursa Malaysia Depository Sdn. Bhd invites comments on a consultation paper seeking feedback on the proposed amendments to the Rules of Bursa Malaysia Depository to close dormant accounts.

Structural Regulation

Indonesia to Stimulate Financial Sector in Funding Export-Based Industries

By Editors | 22/01/2014

The Financial Services Authority (OJK) said it will strengthen its intermediation function and work toward the stability of the financial services sector in support of export-based industries and other “productive sectors.”

Trading & Investment

SEBI Refines Rules for Interest Rate Futures

By Editors | 21/01/2014

The Securities and Exchange Board of India (SEBI) is enhancing monitoring requirements and easing certification norms for employees of intermediaries as local exchanges launch interest rate futures this month.

Conduct, Culture & Accountability

India Tasks New Committee to Review Governance of Boards at Local Banks

By Editors | 21/01/2014

The committee, tasked to oversee governance of boards at local banks, will be chaired by Shri P. J. Nayak, former Chairman and CEO of Axis Bank.