Structural Regulation

Conduct, Culture & Accountability

New Zealand FMA Sets Out Key Focus Areas, Strategic Objectives

By Editors | 24/07/2019

The FMA is prioritising governance, culture, systems and controls, as well as mechanisms to deter misconduct and facilitate informed decision-making by investors and customers.

Trading & Investment

BSE, SSE to Explore Dual Listings, Offshore RMB Products

By Editors | 23/07/2019

BSE India and the Shanghai Stock Exchange have agreed to develop communication channels to facilitate cross-border capital market cooperation.

Trading & Investment

China Kicks Off Trading in New SSE STAR Market

By Editors | 23/07/2019

The first batch of 25 stocks raised over $5.4bn and ended the day higher by an average of 140% from their IPO prices, with some rising as much as 520% during the session.

Structural Regulation

China Announces 11 Measures to Open Up Financial Sector

By Editors | 22/07/2019

The measures ease restrictions on foreign investment in securities firms, asset management companies, FX brokerage, insurance and pension management, among others.

Structural Regulation

HKMA Delegated Powers to Inspect Banks’ Insurance Business

By Editors | 22/07/2019

The Insurance Authority is delegating inspection and investigation powers to the HKMA in relation to insurance related business conducted by authorised institutions.

Structural Regulation

No Time for Complacency Despite Two-Year BMR Reprieve

By Gregory Campbell | 21/07/2019

Third country benchmark administrators will need every bit of the additional time granted for BMR compliance to ensure their benchmarks get approved, say PwC’s Gregory Campbell and Daniela Bunea.

Conduct, Culture & Accountability

ASIC Proposes Total Ban on Insurance Sales by Phone

By Editors | 21/07/2019

ASIC’s ban will protect consumers where sales issues and consumer harm have already been identified, ahead of wider legislative reform by the government.

Cloud & Infrastructure

Competitive Dynamics in Banking Intensify Across APAC: S&P Global

By Manesh Samtani | 18/07/2019

Indigenous virtual banks, global digital-only banks, and digitised traditional banks are all vying for market share, says a new report from S&P Global Ratings.

Structural Regulation

Korea to Enhance Transparency of Digital Bank Evaluations

By Editors | 18/07/2019

The FSC has announced changes to the operational procedures of its evaluation committee for internet-only bank, amid plans to reopen applications for new licences on 10 October.