Australia’s Regulator Unveils Report on ‘Corporate Wrongdoing’

21/03/2014

Australian Securities and Investments Commission released a report outlining the penalties for a range of “corporate wrongdoing.”

China to Step Up Reforms in Financial Services to Promote Urbanization

21/03/2014

China’s Ministry of Finance said it will promote urbanization in the country through reforms in taxation, investment policies and financial services.

Australia to Launch Investigation into Foreign Exchange Benchmarks

21/03/2014

The Australian Securities and Investments Commission is preparing to launch an investigation into the potential manipulation of foreign exchange benchmarks by the country’s biggest banks.

China Relaxes Rules for Establishing Rural Banks

20/03/2014

China’s banking regulator plans to simplify administrative procedures for establishing rural commercial banks and credit cooperatives.

SGX to Roll Out New and Revised Order Types for Securities on March 31

20/03/2014

Singapore Exchange (SGX) is rolling out new order types for securities from March 31 to offer market participants greater flexibility to execute trades.

India Plans to Launch Trade Receivables and Credit Exchange for Micro Enterprises

20/03/2014

The Reserve Bank of India plans to set up a trade receivables and credit exchange (TCE) for financing micro, small and medium enterprises (MSMEs).

S.Korea to Launch Gold Trading Platform to Curb Illegal Trade

20/03/2014

Korea Exchange Inc. will launch a gold trading platform in an attempt to better regulate a market dominated by illegal transactions.

Securities / Derivatives

Philippine Banks Not Complying with FATCA May Face Sanctions

19/03/2014

Philippine banks with US-citizen clients who are non-compliant with US tax rules may face sanctions.

China to Ease Regulation on Financial Leasing

18/03/2014

China is relaxing rules for the country’s financial leasing sector in line with government efforts to introduce more market-oriented reforms in the financial industry.