Securities / Derivatives

Malaysia’s Central Bank, Competition Commission Sign Cooperation Agreement

17/06/2014

Bank Negara Malaysia and the Malaysia Competition Commission have agreed to collaborate in areas of common regulatory objectives.

Singapore Regulator to Launch RMB Liquidity Facility

16/06/2014

The Monetary Authority of Singapore will launch a facility providing overnight Renminbi (RMB) liquidity to financial institutions in Singapore from July 1.

Hong Kong Regulator Conducts Business Continuity Drills with Banks

16/06/2014

The Hong Kong Monetary Authority has conducted a drill with banks on business continuity plans (BCP) to test the reliability and stability of the communications between the back-up offices of the regulator and the lenders.

Securities / Derivatives

Philippine Senate Okays Bill Allowing Full Foreign Ownership of Banks

16/06/2014

The Philippine Senate has approved a bill seeking to expand the participation of foreign banks in the Philippine financial sector.

Securities / Derivatives

China Mulls New Approach to Banks’ Loan-to-Deposit Ratio

16/06/2014

The China Banking Regulatory Commission (CBRC) is considering a more flexible approach to determining the loan-to-deposit ratio so banks can have more money to lend to businesses, an official with the regulator says.

Securities / Derivatives

India’s Forward Markets Commission Moves to Strengthen Corporate Governance

16/06/2014

India’s Forward Markets Commission is seeking to strengthen the corporate governance framework at commodity derivative exchanges and recommends the creation of mandatory committees to oversee audit, risk management, including technology development.

Securities / Derivatives

S. Korea Watchdog Holds Bank Chiefs Responsible

13/06/2014

The South Korean financial watchdog said the chiefs of the country’s biggest banking group KB Financial Group and its flagship Kookmin Bank were both accountable for the gross negligence in handling what has turned into a scandalous computation system change.

IOSCO Intensifies Work on Market-Based Finance

13/06/2014

The Board of the International Organization of Securities Commissions met in Madrid this week to drive forward IOSCO’s work on market-based finance which covers discussion on infrastructure investment and small- and medium-enterprise financing.

Hong Kong Launches E-Payment for MPF Transfer

13/06/2014

The Hong Kong Monetary Authority and Mandatory Provident Fund Schemes Authority has launched an e-payment service for fund transfer system enhancing accuracy and efficiency of fund transfers between trustees.