SECURITIES / DERIVATIVES

Securities / Derivatives

India’s Forward Markets Commission Moves to Strengthen Corporate Governance

By Editors | 16/06/2014

India’s Forward Markets Commission is seeking to strengthen the corporate governance framework at commodity derivative exchanges and recommends the creation of mandatory committees to oversee audit, risk management, including technology development.

Securities / Derivatives

S. Korea Watchdog Holds Bank Chiefs Responsible

By Editors | 13/06/2014

The South Korean financial watchdog said the chiefs of the country’s biggest banking group KB Financial Group and its flagship Kookmin Bank were both accountable for the gross negligence in handling what has turned into a scandalous computation system change.

Securities / Derivatives

Indonesian Banks to Pilot New Branchless Banking Scheme

By Editors | 13/06/2014

Some of Indonesia’s big banks are piloting a new scheme known as ‘branchless banking’ as a way to expand financial services in the country where half of its 240 million strong population does not have access to financial services.

Securities / Derivatives

China Beefs Up Financial Support for Trade

By Editors | 12/06/2014

China’s central bank has called for more financing channels for the country’s import and export businesses in a bid to stabilize foreign trade.

Securities / Derivatives

China Regulator Tightens Rules for IPOs

By Editors | 11/06/2014

The securities regulator has tightened rules for initial public offerings again, to the dismay of investment bankers who want the market to decide how shares are priced.

Securities / Derivatives

Hong Kong Regulators Cautious on Rising China Loans

By Editors | 11/06/2014

Hong Kong regulators are imposing strict financial rules four years ahead of their expected implementation under global standards on worries some banks may be vulnerable if Chinese economy weakens significantly.

Securities / Derivatives

Australia’s Central Bank Governor Sounds Caution on New Threats to Stability

By Editors | 10/06/2014

Global regulators are issuing more than enough regulation to stop a recurrence of a global financial crisis, said Reserve Bank of Australia governor Glenn Stevens, as he cautioned that new potentially damaging threats to global stability could be overlooked.

Securities / Derivatives

China Cuts Reserve Ratio for Small Banks

By Editors | 09/06/2014

China has cut the amount of cash reserves some lenders must hold at the central bank to boost lending to small businesses, in a move to stimulate its slowing economy.

Securities / Derivatives

Indonesia’s New Ruling Likely to Hurt Bancassurance Business, Says Allianz

By Editors | 09/06/2014

Sharia insurer Allianz Life Syariah, part of insurance giant Allianz Indonesia, has warned that a new non-bank financial regulation to be issued by the Indonesia’s Financial Services Authority later this year may hurt the life insurer’s bancassurance business.