Markets & Infrastructure

Payments & Settlements

Hong Kong Launches E-Payment for MPF Transfer

By Editors | 13/06/2014

The Hong Kong Monetary Authority and Mandatory Provident Fund Schemes Authority has launched an e-payment service for fund transfer system enhancing accuracy and efficiency of fund transfers between trustees.

Structural Regulation

China Pushes Private Investment to Spur Growth

By Editors | 13/06/2014

The Chinese government is looking to boost private investment in areas including railways, roads, harbours, and power stations which state capital used to dominate.

Payments & Settlements

Indonesian Banks to Pilot New Branchless Banking Scheme

By Editors | 13/06/2014

Some of Indonesia’s big banks are piloting a new scheme known as ‘branchless banking’ as a way to expand financial services in the country where half of its 240 million strong population does not have access to financial services.

Structural Regulation

China to Relax QDII, QFII Control

By Editors | 12/06/2014

China has signaled it will relax control over Qualified Domestic Institutional Investors (QDII) and Qualified Foreign Institutional Investors (QFII) to show its determination at speeding up the yuan’s convertibility under the capital account.

Payments & Settlements

China Beefs Up Financial Support for Trade

By Editors | 12/06/2014

China’s central bank has called for more financing channels for the country’s import and export businesses in a bid to stabilize foreign trade.

Structural Regulation

China Regulator Tightens Rules for IPOs

By Editors | 11/06/2014

The securities regulator has tightened rules for initial public offerings again, to the dismay of investment bankers who want the market to decide how shares are priced.

Structural Regulation

Indonesia’s New Ruling Likely to Hurt Bancassurance Business, Says Allianz

By Editors | 09/06/2014

Sharia insurer Allianz Life Syariah, part of insurance giant Allianz Indonesia, has warned that a new non-bank financial regulation to be issued by the Indonesia’s Financial Services Authority later this year may hurt the life insurer’s bancassurance business.

Structural Regulation

Singapore Exchange Proposes New Rules for Secondary Listing

By Editors | 06/06/2014

Singapore Exchange (SGX) is proposing new rules for secondary listings in a bid to attract more companies to list on the exchange.

Trading & Investment

IOSCO Urges Asset Managers to Rely Less on Credit Rating Agencies

By Editors | 06/06/2014

The International Organization of Securities Commissions (IOSCO) is urging regulators to come up with specific policy action that will encourage asset managers to rely less on credit rating agencies (CRA).