China’s SHFE to Launch Nickel, Tin Futures Trade

17/03/2015

China’s Shanghai Futures Exchange will launch nickel and tin futures trading on March 27, 2015.

ASIC Wants More Liquidity from Chinese IPO Candidates

16/03/2015

The wave of Chinese companies listing on the Australian stock exchange in the past three years, many with less than 2% free float, has raised concern on whether initial public offering (IPO) rules should require better liquidity from foreign businesses.

China Bank IT Rules Raise Concern from EU, US Groups

16/03/2015

The Chinese government policy that requires commercial banks to obtain “secure and controllable” information technology equipment potentially puts Beijing in a tough position with major trading partners, the Financial Times reported.

Breaking down BCBS 239

13/03/2015

BCBS 239 has the potential to dramatically reduce systemic risk in the banking system. Compliance isn’t an easy project, but if approached in the right way it can transform the way banks do business.

ASIC Seeks Power to Ban Bank Products

12/03/2015

Australian Securities and Investments Commission is seeking additional powers to better regulate banks, and to intervene in the sale of products that harm consumers.

China Regulators Seek A-Share Investors in US

12/03/2015

China Securities Regulatory Commission is talking with at least 30 large global institutional investors in the US to invest in China-listed shares, while lobbying for mainland stocks’ inclusion in key global indices such as the MSCI and FTSE.

SGX Expands FX Footprint with RMB, Taiwan Dollar Futures

11/03/2015

Singapore Exchange (SGX) will add new Asian currency futures contracts to its foreign exchange (FX) futures offering, in line with the global G20 regulatory reforms in over-the-counter derivatives sector aimed at boosting trading on electronic platforms.

Australia Regulator Mulls Financial System Inquiry Proposals

11/03/2015

Australia’s banking regulator is considering backing calls for banks to strengthen their balance sheets, saying it is also reviewing the impact bankers’ pay has on breeding work cultures that can potentially harm the stability of the country’s financial system.

China’s International Payment System May Launch by End-2015

11/03/2015

China is expected to launch in the second half this year its much-awaited international payment system that can process cross-border yuan transactions, removing one of the biggest hurdles in internationalizing the Chinese currency, Reuters reported.