Market Abuse

World’s Top Financial Regulator Joins Global Foreign Exchange Probe

18/02/2014

The Financial Stability Board has stepped in to undertake its own investigation of foreign exchange benchmarks amid allegations of price manipulation.

Trading & Investment

Indonesian Banks Sign Repurchasing Deal to Boost Money Market

18/02/2014

Indonesia’s central bank and several big commercial lenders signed a repurchase agreement, in a move to bolster the domestic money market and elevate the nation’s sovereign debt status.

Cryptocurrency

Bitcoin Resumes Trade in Thailand As Central Bank Softens Stance on Virtual Currency

17/02/2014

Bitcoin Co resumed operations in Thailand after the central bank said the cryptocurrency does not fall under the regulation of the Ministry of Finance.

Clearing & Post-Trade

LME/HKEx Launches Trade Reporting Service LMEwire, Meets EMIR Deadline

16/02/2014

LME Clear launches new trade-reporting service and meets the February 12 deadline set out by the European Market Infrastructure Regulation.

Structural Regulation

India’s Market Regulator Revamps Corporate Governance Norms, Mutual Fund Rules

14/02/2014

The Securities and Exchange Board of India introduces changes in the corporate governance code and mutual fund industry rules.

Conduct, Culture & Accountability

Taiwan Ensures Strict Compliance in Banks, Looks Into Card Issuers’ Risk Management

14/02/2014

The Financial Regulatory Commission is urging financial firms to appoint vice-president level compliance officers.

Anti-Money Laundering

Asia Lags in Anti-Money Laundering Controls, KPMG Survey Says

13/02/2014

A study highlights inconsistency in the implementation of anti-money laundering controls amid widely promoted global approach.

Conduct, Culture & Accountability

Indonesia Launches Roadmap on Good Corporate Governance

13/02/2014

The Financial Services Authority (OJK) has issued a roadmap to promote good corporate governance.

Structural Regulation

China Central Bank Seeks Regulatory Checks on Internet Finance

11/02/2014

The People’s Bank of China is leading an effort to come up with regulations that will govern China’s growing internet finance sector.