MARKET INFRASTRUCTURE

Market Infrastructure

SFC Reprimands Morgan Stanley, Issues USD2.4mn Fine

By Samuel Riding | 25/08/2016

US bank’s Hong Kong securities operation says to review internal controls to ensure compliance.

Market Infrastructure

SEBI Loosens Commodity Hedging Limits

By Samuel Riding | 23/08/2016

Norms for client code modifications also liberalised.

Market Infrastructure

Philippines’ Proposed Equity, Bond Exchange Merger Revived

By Samuel Riding | 23/08/2016

Regulator says it could approve the proposal as early as this November.

Capital / Liquidity

BSP Increases Pace of Rural Bank Closures

By Samuel Riding | 23/08/2016

Central bank has closed 15 lenders so far this year; aiming to strengthen local banks as presence of foreign institutions expands.

Capital / Liquidity

Margining Big Bang Starts With a Whimper

By Samuel Riding | 22/08/2016

EU, Australia, Japan and HK deferments could be followed by US and Japan; call variation margining plans into question.

Market Infrastructure

APRA Defers Non-centrally Cleared Derivatives Standard

By Samuel Riding | 22/08/2016

Letter to regulated entities says CPS 226 implementation deferred due to international delays.

Market Infrastructure

MAS to Simplify E-Payment Regulation

By Samuel Riding | 22/08/2016

Regulator set to unify licensing regime in bid to boost electronic payments industry.

Capital / Liquidity

India Regulators Outline Corporate Bond Reforms

By Samuel Riding | 22/08/2016

Steps aim to improve liquidity and boost corporate bond markets.

AML / KYC

Australian Banks Reject Open Data Call

By Samuel Riding | 22/08/2016

Gap between fintech and traditional banking made clear in responses to Productivity Commission inquiry.