S. Korea Mulls Joining China-led Infrastructure Bank

12/08/2014

South Korea is planning to participate in a multilateral consultation with China to discuss conditions for Beijing’s push to set up a new regional bank to fund infrastructure projects in Asia, a diplomatic source with knowledge of the matter said.

Singapore Plans Enhanced Oversight of Credit Bureaus

12/08/2014

The Monetary Authority of Singapore is seeking industry views on a proposal to tighten oversight of credit bureaus.

Hong Kong to Boost Wealth Management Sector

12/08/2014

The Hong Kong Monetary Authority’s top executive said the city aims to boost its fund and wealth management industry over a five-year period.

Securities / Derivatives

Taiwan’s State-owned Land Bank Plans IPO, Says Chairman

12/08/2014

State-owned Land Bank of Taiwan aims to raise new funds through an initial public offering (IPO) in three years to strengthen its capital adequacy ratio, which lags behind peers, newly sworn-in chairman Shiu Kuang-si said.

Securities / Derivatives

Philippine Banks Adhere to Basel III Norms, Says Central Bank

12/08/2014

The buffer capital of Philippine banks remain well above the benchmark set by the Bangko Sentral ng Pilipinas as of end-March, after the new Basel III standards were implemented for the first time at the start of the year, the central bank said.

New Zealand Regulator Relaxes Debt Capital Raising Norms

11/08/2014

Commerce Minister Craig Foss announced further steps to simplify and encourage participation in New Zealand’s capital markets, including easing compliance rules for debt issuers.

Securities / Derivatives

Indonesia’s OJK Issues Guidelines on Banks’ Advertising Practices

10/08/2014

The Financial Services Authority (OJK) has issued guidelines on advertising practices by financial firms in line with laws ensuring customer protection.

ASIC Imposes New Conditions for CBA Licensees

10/08/2014

The financial planning arms of the Commonwealth Bank of Australia will be subject to new financial services license conditions, the Australian Securities and Investments Commission said.

New Zealand Regulator Issues First Equity Crowd Funding Licences

06/08/2014

The Financial Markets Authority has issued its first equity crowd funding licences under the Financial Markets Conduct Act 2013. PledgeMe and Snowball Effect are New Zealand’s first licensed providers of this new financial service.