China Fines Top Fund Manager $3 Million for Stock Manipulation

25/09/2015

The China Securities and Regulatory Commission has slapped a $3 million fine on a star Chinese fund manager for stock-market manipulation.

Securities / Derivatives

Asian Firms Face IFRS 9 Implementation Hurdles, says Wolters Kluwer

24/09/2015

Wolters Kluwer Financial Services has found that 66 percent of Asia-Pacific financial institutions haven’t yet commenced implementing the latest set of international accounting standards known as IFRS 9.

Securities / Derivatives

Thai Asset Managers to Offer Hedge Funds Next Year

24/09/2015

Thailand’s Securities and Exchange Commission is drafting rules to allow Thai asset management companies to offer hedge funds locally.

SEBI to Enhance Disclosures by Credit Rating Agencies

23/09/2015

Plan to implement a mechanism for prompt and proper disclosures of changes to credit ratings of listed firms, in a bid to safeguard investor interests.

Japan Clearing Corp Seeks CFTC Clearing Exemption

23/09/2015

The U.S. Commodity Futures Trading Commission is seeking public comment on a petition by Japan Securities Clearing Corporation for exemption from registration as a derivatives clearing organisation.

China Targets Higher Bank Liquidity Coverage Ratio

23/09/2015

CRBC announces it will implement revised measures on commercial bank liquidity risk management, effective from October 1, 2015.

Bank of Queensland Investigated by ASIC over Compliance Failures

23/09/2015

The Australian Securities and Investment Commission has concerns over its risk management and compliance systems.

India Consults on New Measures to Curb Misselling

22/09/2015

India’s government and various regulators are consulting the public on newly proposed recommendations by a high-level government committee to curb misselling of financial products.

ASIC Sees Opportunities with Blockchain Technology

21/09/2015

Australian Securities and Investment Commission chairman Greg Medcraft says the emergence of blockchain technology has the potential to change the existing financial system.