ASIC Cracks Down on Interest-Only Mortgages

23/08/2015

The Australian Securities and Investment Commission has asked lenders to lift their standards for interest-only mortgages, after a probe found that lending criteria do not meet their responsible lending obligations.

China Resumes Drafting Bank Technology Rules

22/08/2015

The China Banking Regulatory Commission (CBRC) has resumed work on banking technology rules it suspended earlier this year following opposition from foreign governments and business groups.

Securities / Derivatives

Regulatory Framework positive for Philippine Microfinance Sector

21/08/2015

The Asian Development Bank Institute has published a working paper attributing the growth of the Philippine microfinance sector to conducive government policies which promote private sector innovation and enable a market-based financial ecosystem.

S. Korea Designates KRX as Trade Repository

21/08/2015

The Korea Exchange has been designated as a trade repository to collect and store data on OTC derivatives trading to improve transparency and meet global standards.

ASX Exempted from CFTC Registration for OTC Clearing, KRX Under Consideration

21/08/2015

CFTC issues its first-ever order of exemption from registration as a derivatives clearing organisation to ASX Clear, and is now considering the same for KRX.

Securities / Derivatives

Listing Criteria Published for New Myanmar Bourse

21/08/2015

Myanmar has published the listing criteria for the Yangon Stock Exchange (YSX), which is due to open later this year to replace the existing Myanmar Securities Exchange Centre.

ASIC Proposes Warrants and ETFs on Chi-X

20/08/2015

The Australian Securities and Investments Commission has proposed changes to its market integrity rules which would allow stock market operator Chi-X Australia to start quoting and trading warrants and exchange traded funds.

CPMI-IOSCO Consult on Unique Transaction Identifier Harmonisation

20/08/2015

The Committee on Payments and Market Infrastructures and the International Organization of Securities Commissions have published a consultative report on the harmonisation of the Unique Transaction Identifier for OTC derivatives.

More Time for Commodity Exchanges to Meet New SEBI Guidelines

20/08/2015

Securities and Exchange Board of India chief U.K. Sinha has met with key officials of national and regional commodity exchanges to iron out certain issues related its upcoming merger with the Forward Markets Commission.