Structural Regulation

Structural Regulation

HKMA Virtual Bank Rules – Dull, Timid Bureaucracy

By Peter Guy | 12/02/2018

Proposed virtual banks rules fail to address the true future of financial services, risking Hong Kong’s descent into irrelevancy.

Anti-Money Laundering

Australia to Crack Down on Tax Avoidance by Multinationals

By Editors | 10/02/2018

Consultations relate to implementation of multilateral which will modify existing bilateral tax treaties, closing loopholes used by multinationals to avoid taxation.

Structural Regulation

Vietnam to Redefine Securities Market Laws

By Samuel Riding | 10/02/2018

New rules cover clearing and settlement, corporate governance by securities and fund management firms, and securities regulator’s powers.

Trading & Investment

Research in an Unbundled World

By Roland De Marsangy | 08/02/2018

Buy-side firms are finding their way to new ways of profiting from their research, and market volumes appear unaffected in the early stages of the MiFID II era.

Structural Regulation

Indonesia Faces Resistance on Asean Banking Protocol

By Editors | 08/02/2018

Indonesian parliamentary commission appear unsure about Indonesian Banks’ ability to compete with foreign banks.

Trading & Investment

S. Korea Scraps Plan for Tougher Capital Gains Taxes on Foreigners

By Editors | 08/02/2018

Securities firms don’t have the infrastructure to support the plan; critics say it would have disrupted markets and caused capital flight.

Credit Risk

Philippines to Expand List of Allowable Loan Collateral

By Garima Chitkara | 07/02/2018

New law, currently in Congress, will expand financing to SME and agricultural sector by allowing movable collateral.

Structural Regulation

HK Gives Banking Disruptors a Chance, for $38mn

By Samuel Riding | 07/02/2018

Deputy chief of Monetary Authority also says banks cannot use ‘predatory tactics’ when competing for market share.

Trading & Investment

Singapore, Malaysia Unveil Plans for Cross Border Stock Trading Link

By Manesh Samtani | 07/02/2018

Link to be operational by year-end; will enable cross-border trading, clearing, settlement of shares between SGX and Bursa Malaysia.