ASIC Expands Investigation on UBS over NSW Privatization Report

19/04/2015

The Australian Securities and Investments Commission’s investigation on UBS, a key adviser on the privatisation of NSW Coalition, now involved interviews with top officials at the bank including its Australia chief executive Matthew Grounds.

China Moves to Curb Margin Trading

17/04/2015

China’s securities regulator has tightened rules on margin lending and promoted the use of short-selling in an apparent effort to take some heat off a soaring market.

Indonesia Signs Cooperation Pact with S. Korea on Monetary Supervision

17/04/2015

Indonesia’s Financial Services Authority (OJK) has signed an agreement boosting cooperation with South Korea’s Financial Supervisory Service (FSS) in overseeing the financial industry.

Securities / Derivatives

Optimising Asian Collateral

16/04/2015

Operational, jurisdictional silos hinder Asia’s collateral efficiency. An exclusive roundtable hosted by Regulation Asia with DTCC.

Australia’s ASIC Investigates Wealth Managers over Advice Fees

16/04/2015

The Australian Securities and Investments Commission (ASIC) is investigating some of the country’s biggest wealth managers for charging clients for financial advice even when no advice has been provided.

Securities / Derivatives

Taiwan Tightens Rules on Banks’ Risk Exposure in China

14/04/2015

Taiwan’s Financial Supervisory Commission (FSC) has asked banks to increase their allowance for risk exposure when they extend credit and establish short term trade balances with Chinese banks.

Trade Groups Urge Beijing to Halt Bank Technology Rules

14/04/2015

Trade groups from the US, Europe and Japan urged China to suspend guidelines that may shut out foreign technology suppliers in the country’s banking industry.

China Reinforces Lending Roles of Policy Banks

13/04/2015

China’s State Council has approved a plan to reform China Development Bank and two other lenders to make them more responsive in funding initiatives in line with the country’s growth policies.

S. Korea, Austria, Spain New Founding Members of China-led Infrastructure Bank

13/04/2015

Austria, Spain and South Korea have been recognized as founding members of the China-led Asia Infrastructure and Investment Bank (AIIB), the Chinese Finance Ministry said.