China Probes Major Brokerages for Client Rules Violations

28/08/2015

The China Securities Regulatory Commission has launched an investigation into some of China’s largest brokerages for suspected rule violations.

Securities / Derivatives

Regulator Asks Philippine Stock Exchange to Explain Outages

27/08/2015

The Securities and Exchange Commission has asked the Philippine Stock Exchange to explain trading outages that halted all floor trading three times over a span of seven days in August.

Securities / Derivatives

Nepal Investment Bank joins SWIFT’s KYC Registry

27/08/2015

Pioneering bank in Nepal to join The KYC Registry allowing the proactive sharing of information with correspondent banks.

Securities / Derivatives

Economic Pressure May Force Indonesia’s Banks to Boost Capital

27/08/2015

OJK warns banking industry of increase in capital if financial health at risk due to devaluation of rupiah.

China Cracks Down on Illegal Overseas Funds Transfers

27/08/2015

Chinese police have launched a nationwide campaign against underground banks to curb money laundering and illegal funds transfers that occur outside approved banking channels.

MAS Seeks to Strengthen Enforcement Regime

26/08/2015

The Monetary Authority of Singapore has proposed new rules aimed at strengthening the effectiveness of its enforcement regime in deterring market misconduct.

Securities / Derivatives

Taiwan to Use Rescue Fund to Stabilise Market

26/08/2015

Taiwan’s government gives green light to use NT$500 billion fund to stabilise stock market.

China Considers Removing Loan-to-Deposit Cap

26/08/2015

China’s cabinet is currently deliberating a draft law to remove the 75 percent loan-to-deposit cap on bank lending.

China Market Further Opened to HK, Macau Brokers

25/08/2015

CSRC announced that Hong Kong and Macau securities brokerages will be allowed to set up fully licensed units in parts China.