Trading & Investment

China Allows Tax Breaks on Shanghai-HK Stock Link

17/11/2014

China has waived the payment of taxes on profits made from the Shanghai-Hong Kong stock cross border trading scheme, in a move aimed at encouraging more investors to buy stocks in both bourses.

Payments & Settlements

Hong Kong to Lift Daily Limit on Yuan Conversion

13/11/2014

The Hong Kong Monetary Authority said it is removing the daily limit for converting the city’s currency to Chinese yuan when the landmark Shanghai-Hong Kong stock trade program is launched on Monday.

Structural Regulation

Private Equity and AIFMD: The Journey Has Only Just Begun

11/11/2014

For non-EU funds marketing into Europe, the AIFMD is a full of potential pitfalls. Managers must get to grips with the complexities of reporting and conquer the confusion that still reigns.

Trading & Investment

Shanghai-Hong Kong Stock Link to Start November 17

11/11/2014

China has approved a long-awaited Shanghai-Hong Kong Stock Connect scheme, which allows cross-border trade between the two bourses.

Payments & Settlements

Singapore Regulator Conducts Board-Level Inquiry on Nov 5 Breakdown

10/11/2014

The Singapore Exchange has launched a board-level inquiry to investigate the power outage on Wednesday that halted trading at the largest southeast Asian stock market for hours.

Credit Risk

Taiwanese Banks’ Loan Exposure to Chinese Clients Examined in Hong Kong

10/11/2014

Hong Kong’s financial regulator is looking into the loan exposure of Taiwanese banks to mainland Chinese companies and has launched an onsite probe into the matter.

Market Abuse

Singapore Returns $8 Billion to Banks Involved in Rate Rigging

06/11/2014

The Monetary Authority of Singapore has returned S$10 billion ($8 billion) in fines it levied on 19 banks connected to the rigging of financial benchmarks and foreign exchange.

Credit Risk

Australian Regulator Issues Guide on Residential Mortgage Lending

06/11/2014

The Australian Prudential Regulation Authority has released a guide for banks and other deposit-taking institutions on sound risk management practices for residential mortgage lending.

Liquidity Risk

Australian Banks Ask Inquiry to Consider Costs of Liquidity Rules

06/11/2014

Top officials at Australia’s largest banks are reiterating their calls for the Financial System Inquiry to consider the cost of imposing higher capital requirements on banks to counter systemic risks.