Trading & Investment

S. Korean Banks to Get Quota to Invest in Chinese Securities

28/09/2014

Chinese financial regulators are expected to allow South Korean banks and other financial institutions to invest in Chinese bonds, lowering the bar that was only opened to asset managers.

Credit Risk

China Banking Regulator Seeks Tighter Risk Controls

27/09/2014

China’s banking regulator has revised the guidelines for banks’ internal risk management controls to rein in bad loans.

Structural Regulation

Ashley Alder Appointed to Second Term as SFC CEO

26/09/2014

Ashley Alder has been appointed for a second three-year term as chief executive of the Securities and Futures Commission.

Capital Adequacy

Philippine Central Bank May Require Banks to Raise Minimum Capital

25/09/2014

Philippine banks may be required to increase their minimum capital by as much as four times, a move that may trigger a consolidation in the local banking sector.

Trading & Investment

Taiwan Regulator Eyes Measures to Boost Local Bourse

25/09/2014

The government has been closely monitoring the movement of the local stock market, which has taken a beating amid sustained foreign institutional selling.

Market Abuse

China to Tighten Supervision on Insider Trading

25/09/2014

The China Securities Regulatory Commission vowed to tighten supervision over insider trading.

Capital Adequacy

S. Korean Regulator to Ease Requirements on Asset Managers

24/09/2014

South Korea’s financial regulator said it plans to ease capital requirements on asset managers starting next year, in a broader deregulation push for the financial sector.

Structural Regulation

Myanmar Delays Issuance of Licenses to Foreign Banks

24/09/2014

Myanmar has delayed the announcement of foreign banks that will be allowed to operate in the country.

KYC & CDD

New Zealand Banks Balk at Global Initiative Similar to FATCA

23/09/2014

New Zealand could be an early adopter of the multilateral follow-up to the controversial United States Foreign Account Tax Compliance Act (FATCA), but local banks are raising concern about the readiness of the sector for such initiative.