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Securities / Derivatives
Indonesia Recommends Against Bitcoin Use
By Editors | 24/01/2014
The Central Bank of Indonesia have recommended against the use of Bitcoin in the country. According to the central bank, the virtual currency fails to meet a number of regulations.
HK Court Varies Interim Injunction Against Qunxing
By Editors | 24/01/2014
The Court of First Instance today varied an interim injunction obtained by the SFC in the proceedings against Qunxing Paper Holdings Company Limited (Qunxing) and its subsidiary, Best Known Group Limited (Best Known).
SFC Allows Appeal over Retail Investor Aquittal
By Editors | 24/01/2014
The Court of First Instance today allowed the Securities and Futures Commission’s (SFC) appeal of the acquittal of Mr Chan Wing Fai of false trading, and ordered that the case be remitted back to the Magistrate.
Japan to Urge Banks to Appoint Outside Board Members for Transparency
By Editors | 24/01/2014
Japanese regulators plan to call on banks and their holding companies to appoint outside directors as members of their board to enhance transparency in management.
India Pulls Out Old Currency Notes, Curbs ‘Black Money’
By Editors | 24/01/2014
The Reserve Bank said it will withdraw all currency notes issued prior to 2005 from March 31, in an apparent move aimed at curbing black money and fake currencies.
Kinetic Partners: Attitude Towards Regulation Softens, Highlights Need for Global Coordination
By Editors | 23/01/2014
Business executives’ attitude toward regulation improves, but the need for global coordination remains, a survey by consulting and advisory firm Kinetic Partners reveals.
China Relaxes Bank Rules to Write Off Small Loans
By Editors | 22/01/2014
China moves ahead with reforms to overhaul its financial system as it eases bank rules on loan write-offs, while offering small lenders better access to funds.
S. Korea Regulator Eyes Overhaul of Anti-Piracy Policy to Combat Data Theft
By Editors | 22/01/2014
The country’s financial industry watchdog plans an overhaul of anti-piracy polices to fight data breach.
Singapore Exchange to Introduce Circuit Breakers Next Month
By Editors | 22/01/2014
Southeast Asia’s biggest bourse is introducing circuit breakers on February 24 as an additional market safeguard.
Securities / Derivatives
Bursa Malaysia Plans Tighter Depository Rules
By Editors | 22/01/2014
Bursa Malaysia Depository Sdn. Bhd invites comments on a consultation paper seeking feedback on the proposed amendments to the Rules of Bursa Malaysia Depository to close dormant accounts.
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