Crypto / Digital Assets

Aussie Banks Test Digital Currency Ripple as New Payments Technology

19/06/2015

ANZ Bank and Westpac have joined Commonwealth Bank in testing new payments technology from US-based group Ripple Labs, representing a possible transformation of the payments industry.

Japan, China, U.S. Jointly Push FATF on Virtual Currency Regulation

18/06/2015

Financial authorities of Japan, the United States and China plan to establish joint regulations to prevent the use of virtual currencies to finance illegal activities such as terrorism.

India Allows Foreign Venture Funds to Register as Foreign Portfolio Investors

18/06/2015

The Securities and Exchange Board of India says Foreign Venture Capital Investors can be granted status as Foreign Portfolio Investors if they meet certain guidelines.

China Encourages Listing Asset-Backed Securities on Stock Exchange

18/06/2015

China will promote the listing of asset-backed securities on stock exchanges, according to a China Banking Regulatory Commission official.

Hong Kong Brokers to Directly Access London Stock Exchange

16/06/2015

The Securities and Futures Commission (SFC) has granted a licence to the London Stock Exchange (LSE) to accept Hong Kong financial firms as exchange members.

Banks Face Tougher Penalties for Offering Incentives to Win Super Fund Business

16/06/2015

Banks and industry super funds will face tougher penalties for luring clients into default superannuation funds with incentives.

PFMIs Implementation Monitoring Assessment Report Shows Good Progress

16/06/2015

The second update to the Level 1 assessments of Principles for Financial Market Infrastructure implementation monitoring shows that good progress has been made by the 28 participating jurisdictions.

New Zealand and Myanmar to join AIIB

16/06/2015

New Zealand and Myanmar will be members of the Asian Infrastructure Investment Bank, slated to begin operations later this year.

China Changes Property Law to Allow Setting Up of REITs

15/06/2015

The China Securities Regulatory Commission has granted approval for the first public sale of units by a real estate investment trust (REIT).