Hong Kong Regulator Seeks Tougher Vetting Rules for GEM Companies

18/09/2014

The Securities and Futures Commission is recommending that the the city’s stock exchange tighten its vetting process for Growth Enterprise Market-listed (GEM) companies that seek listing on the main board.

China’s PBOC Raps Third-Party Payment Firms for False Transactions

18/09/2014

China’s central bank has punished four third-party payment companies for mishandling bank card transactions to escape paying higher fees.

China Opens Gold Market to Foreigners

17/09/2014

China has has given foreign players access to its gold market following the launch of the Shanghai Gold Exchange’s international board.

Australian Regulator Issues New Guidelines on Disclosure Reforms

17/09/2014

The Australian Prudential Regulation Authority has released for industry consultation a paper that outlines the new disclosure requirements for authorised deposit-taking institutions.

Singapore Exchange Sets Minimum Trading Price for Stocks

17/09/2014

Singapore Exchange Ltd plans to introduce a minimum trading price requirement to enhance the securities market and curb excessive market speculation.

Australia, Singapore Agree on Access to OTC Derivatives Data

17/09/2014

The Australian Securities and Investments Commission and the Monetary Authority of Singapore is giving each other access to relevant data from trade repositories licensed in either markets under new agreement.

Australia’s Regulator Urges G20 to Tackle Big Bank Risks

17/09/2014

Australia’s new chief banking regulator has urged the G20 nations to continue to work on reducing risks of large banks’ failures, citing the need to strengthen current risk-based regime and boost banks’ capacity to absorb losses.

Indian Banks Need Over $200 Billion for Basel III Compliance, Says Fitch

17/09/2014

Indian banks will need more than $200 billion to meet Basel III international banking norms by March 2019, said Fitch Ratings.

IOSCO Issues New Risk Mitigation Standards for Non-Central OTC

16/09/2014

The International Organization of Securities Commissions is seeking industry views on the new risk management standards for the non-centrally cleared over-the-counter derivatives market.