United States

ASEAN Launches Collective Investment Scheme

By Editors | 26/08/2014

Singapore-based fund managers can now offer their funds directly to investors in Malaysia and Thailand under a streamlined authorization process following the launch of the ASEAN Collective Investment Scheme (CIS).

Standard Chartered Fined $300 Million by US Financial Watchdog

By Editors | 21/08/2014

Standard Chartered will pay $300m over lapses in anti-money-laundering procedures and temporarily suspend its dollar clearing operations with high-risk clients in Hong Kong, the New York State Department of Financial Services (DFS) said.

DTCC to Launch Client Data, Documentation Hub

By Editors | 01/08/2014

The Depository Trust & Clearing Corporation, the world’s largest post-trade services provider, announced the establishment of the client data and documentation solution Clarient Entity Hub, which is designed to provide increased controls, standardization and transparency in managing client information.

Australian Regulator Censures RBS over Interest Rate Manipulation

By Editors | 22/07/2014

Australia’s securities regulator has censured the Royal Bank of Scotland for its role in manipulating Australia’s bank bill swap rate.

Securities / Derivatives

Asian Regulators Enforce Global Derivatives Reporting Reforms

By Editors | 08/07/2014

Pragmatic consultation helps to improve transparency and risk management.

Securities / Derivatives

Hong Kong Regulators Cautious on Rising China Loans

By Editors | 11/06/2014

Hong Kong regulators are imposing strict financial rules four years ahead of their expected implementation under global standards on worries some banks may be vulnerable if Chinese economy weakens significantly.

Financial Regulators’ Expenditures Rise as Market Surveillance Deepens

By Editors | 27/05/2014

Financial services regulators in major markets including Hong Kong have increased their expenditure over the last seven years by nearly 60% amid growing pressure on regulatory agencies to deepen scrutiny of the financial services industry following the 2008 crisis.

Securities / Derivatives

Myanmar Sees Delay in Stock Exchange Launch

By Editors | 23/05/2014

The opening of a stock exchange in Myanmar may be delayed due to difficulty in recruiting skilled people for jobs at the exchange and finding companies that could qualify to list on the market.

Hong Kong’s HKEx Gets Approval for US OTC Clearing

By Editors | 12/05/2014

Hong Kong Exchanges and Clearing (HKEx) has received approval from the US Commodity Futures Trading Commission (CFTC) to clear over-the-counter derivatives for US clients.