Capital Adequacy

Japan Banks Urged to Reduce Cross-Shareholdings

06/07/2015

Japan’s Financial Services Agency is urging the country’s biggest banks to reduce their cross-shareholdings in client companies.

Structural Regulation

New Outsourcing Policy Planned for India’s Key Market Entities

06/07/2015

SEBI will soon issue a new set of guidelines to govern outsourcing by stock exchanges and other key entities.

Resolution & Recovery

Singapore to Shield Senior Bondholders from Bank Failures

06/07/2015

The Monetary Authority of Singapore is proposing to exempt senior bondholders from loss absorption risks in the event of a bank failure.

Anti-Money Laundering

Bangladesh Faces Difficulties Maintaining Banking Relationships

06/07/2015

Banks in developed countries have terminated relationships with banks in Bangladesh, presenting difficulties for international trade and finance.

Data Privacy

RBI to Allow New Type of ‘Account Aggregator’ NBFC

06/07/2015

The Reserve Bank of India said it will allow a new type of non-banking financial company which can act as an account aggregator to enable customers to see all accounts across multiple financial institutions in a common format.

Trading & Investment

China Creates Broker-Led Market Stabilisation Fund

06/07/2015

China’s securities regulator has set up its first-ever market stabilisation fund in a bid to halt the recent stock market plunge.

Structural Regulation

China Suspends IPO Listings

05/07/2015

China has suspended all initial public offerings in an effort to preserve market liquidity and halt the stock market’s recent plunge.

Conduct, Culture & Accountability

Australia Financial Planning Sector Reforms to be Announced in August

04/07/2015

Reforms to lift ethics, education and professionalism in the scandal-ridden financial planning industry are set to be released in August.

Trading & Investment

India to Restrict Trading Speeds for Algorithmic Traders

03/07/2015

The Securities and Exchange Board of India is working on rules to strengthen regulation of algorithmic trading and create a level playing field for investors.