Securities / Derivatives

Indonesia’s Proposed Bank Ownership Policy to Impact Malaysian Lenders

23/07/2014

Malaysian ownership of Indonesian banks came under the spotlight following a proposed bill that compels foreign banks to trim their shareholding to 40%.

Australian Regulator Censures RBS over Interest Rate Manipulation

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.

China to Relax Foreign Ownership Control in Fund Industry

22/07/2014

China’s main financial regulator signalled a loosening of rules governing foreign control in fund companies.

China, Switzerland Sign Currency Swap Agreement

22/07/2014

China’s central bank announced it signed a bilateral currency swap agreement with the Swiss National Bank worth 150 billion yuan, or 21 billion Swiss francs ($24.4 billion).

Singapore Plans Stronger Safeguards for Investors

22/07/2014

The Monetary Authority of Singapore will require providers of investment products to rate their offerings for complexity and risks, as part of measures aimed at enhancing regulatory framework to safeguard investors’ interests.

Australian Banks Face Pressure Over Real Estate Loans to Foreigners

22/07/2014

Australian banks are coming under scrutiny as politicians investigate their role in helping fund foreign investment in real estate.

Securities / Derivatives

Hong Kong Starts Consultation on New OTC Derivatives Reporting Rules

21/07/2014

The Hong Kong Monetary Authority and the Securities and Futures Commission are seeking industry views on rules regarding mandatory reporting and related record-keeping obligations under the new over-the-counter (OTC) derivatives regime.

Securities / Derivatives

Singapore Tightens Rules Against Money Laundering and Terrorist Financing

19/07/2014

The Monetary Authority of Singapore is requiring banks and other financial institutions to perform a risk assessment on money laundering and terrorist financing at a wider institutional level, beyond the assessment of individual customers.

Securities / Derivatives

Taiwan Relaxes Rules on Private Equity Funds

15/07/2014

Taiwan’s Financial Supervisory Commission has relaxed regulation on private equity by allowing domestic asset managers to raise funds for commodity-linked PE investments.