Anti-Money Laundering

India’s SEBI, Financial Intelligence Sign Memorandum on Anti-Money Laundering

12/05/2014

India’s market regulator and the country’s Financial Intelligence Unit have agreed to work together on combating money laundering and terrorism finance.

Trading & Investment

Hong Kong Regulator Outlines Crowd-funding Risks, Regulatory Issues

08/05/2014

Crowd-funding that allows people to raise money for loans, causes, or projects through the web pose potential regulatory compliance issues and other investment risks.

Capital Adequacy

Australia’s New APRA Rule to Squeeze Banks’ Returns, Cut Dividends

08/05/2014

Australian Prudential Regulation Authority has told banks it will stop allowing lenders to use non-recourse debt to bolster their Tier 1 capital requirements.

Credit Risk

Chinese Banks Face Rising Financial Risks, Says Economist

08/05/2014

Chinese banks are faced with increasing risks born out of shadow banking, local government debt, bad loans, and looming house price declines.

Structural Regulation

Australian Securities Regulator Outlines Initiatives to Cut Red Tape

07/05/2014

Australia’s securities regulator has outlined ongoing and new initiatives to cut red tape and lower compliance costs for market participants.

Trading & Investment

Indonesia’s Regulator to Promote Domestic Investors Entry in Markets

07/05/2014

The Financial Services Authority (OJK) says it will focus on encouraging more domestic investors into the country’s foreign-dominated capital market.

Credit Risk

IMF Warns of Hong Kong Banks’ Soaring Credit Exposure to China

07/05/2014

The International Monetary Fund has warned of Hong Kong banks’ rising exposure to mainland debt.

Anti-Money Laundering

Singapore, US Agree on FATCA Arrangement

06/05/2014

Singapore has reached an agreement with the United States under a law that require foreign banks, investment funds and insurers to hand over information about Americans’ account to the US Internal Revenue Service.

Trading & Investment

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.