Latest News

The Reserve Bank of India plans to provide guidance rules to bank boards on setting CEO remuneration, based on certain performance-related metrics.

JETCO launches the city's first Open API exchange; New Accenture survey indicates willingness of Hong Kong consumers to share personal financial information with third parties.

Online financial institutions including those engaged in online lending, equity crowdfunding, fund sales and consumer finance are required to register on the platform by 31 January.

Eligible general equity, bond or mixed funds authorised by the SFC can seek authorisation to be marketed to retail investors in Luxembourg.

In the last year, HSBC has processed more than 3 million internal FX transactions worth over $250bn using the blockchain-based FX settlement platform.

The FICC Markets Standards Board has published the final version of its Statement of Good Practice on suspicious transaction and order reporting.

Listed commercial banks in Vietnam will need to raise an estimated $10bn in capital this year to meet Basel II capital requirements by 1 January 2020.

The final revisions to the market risk framework reduces the amount of total market risk capital for banks' trading books by almost half compared to the 2016 version.

The law represents a framework to streamline payment services regulation in Singapore under a single legislation and bring payment activities under the remit of the MAS.

SEBI plans to mandate that data on Indian customers be stored on local servers, or for a real-time backup to be created to enable access from within the country.