India’s SEBI Sets Foreign Portfolio Investor Limits

06/05/2014

A foreign portfolio investor will be allowed to buy additional shares in a company only if its holding is less than 10%, according to norms for the new overseas investment regime that starts in June.

S. Korea Tightens Monitoring of Chinese Online Payment Firm

06/05/2014

The Financial Supervisory Service has stepped up its monitoring of Chinese online payment service firm Alipay that will open a new type of offline service in the country.

Securities / Derivatives

Japan to Assist in Drafting Myanmar’s Stock Exchange Regulations

06/05/2014

The Japanese Ministry of Finance will help draw the regulations for the Stock Exchange Commission in Myanmar, said a Myanmar finance official.

IOSCO Issues New Norms on POS Disclosure in Banking, Securities Sectors

05/05/2014

A Joint Forum of the International Organisation of Securities Organisations has called for improved point-of-sale (POS) disclosure standards for distributed financial products.

New Zealand’s Financial Markets Conduct Act to Promote Cultural Shift

05/05/2014

A long-term cultural shift for the better is underway in New Zealand financial services as the new Financial Markets Conduct Act 2013 takes effect.

Securities / Derivatives

ASEAN and Partners Pledge Collaboration in Boosting Bond Markets

05/05/2014

The finance ministers and central bank chiefs from the 10 Association of Southeast Asian Nations member states and three partners—Japan, China and South Korea—agreed to boost collaboration in strengthening the Asian bond markets.

Securities / Derivatives

Vietnam to Finalise Regulations on Privatization, IPOs

05/05/2014

The Vietnamese government is finalising polices and regulations on reforming state enterprises through privatization and public offerings.

Australian Authority Proposes to Simplify Prudential Framework for Securitisation

02/05/2014

The Australian Prudential Regulation Authority has released a discussion paper outlining a revised standard for securitisation.

Securities / Derivatives

Excess Regulation Bad for Financial Markets, Says World Bank Economist

30/04/2014

Excess regulation can result in “unintended effects” in the overall development of the financial markets, says an economist at the World Bank.