China Looks to Develop Pension Insurance Sector

01/09/2015

The China Insurance Regulatory Commission has rolled out new regulations on pension fund management in a bid to encourage the insurance industry’s participation in developing China’s pension system.

China Tightens Rules on Stock Index Futures

01/09/2015

The China Securities Regulatory Commission has increased margin requirements on stock index futures contracts and narrowed the number of contracts that traders can open in a bid to curb speculation.

Australia Payments System Board signs MoU with Payments Council

01/09/2015

The Memorandum of Understanding sets out a framework for engagement between the two bodies and will enhance industry coordination in dealing with cooperative issues that arise in the payments system.

India Grants Payments Banks Licenses to Corporates

01/09/2015

The Reserve Bank of India has approved eleven non-financial corporations to become payments banks, a new classification of financial institution that can offer basic banking and payment services.

China Eases Property Investment Rules for Foreigners

31/08/2015

China has relaxed its property investment rules for foreigners, allowing them to buy as many properties as they wish and loosening restrictions on loans and settlement in foreign currencies.

No Desire for City-Specific Lending Controls, says APRA

31/08/2015

The Australian Prudential Regulation Authority is down-playing its desire for city-specific lending restrictions to cool Sydney and Melbourne property prices.

Securities / Derivatives

Yangon Stock Exchange to Open in Early December

31/08/2015

The Yangon Stock Exchange, Myanmar’s first modern bourse, will begin accepting listing applications in September and open in early December.

Industry Funding Model Proposed for Australian Regulator

28/08/2015

ASIC releases consultation paper proposing an industry funding model where regulatory costs will be recovered directly from banks, listed companies and the financial services sector.

New Zealand to Update Outsourcing Policy for Banks

28/08/2015

The Reserve Bank of New Zealand has released a consultation paper with proposals to update its outsourcing policy for banks.