Market Abuse

China to Tighten Supervision on Insider Trading

25/09/2014

The China Securities Regulatory Commission vowed to tighten supervision over insider trading.

Capital Adequacy

S. Korean Regulator to Ease Requirements on Asset Managers

24/09/2014

South Korea’s financial regulator said it plans to ease capital requirements on asset managers starting next year, in a broader deregulation push for the financial sector.

Structural Regulation

Myanmar Delays Issuance of Licenses to Foreign Banks

24/09/2014

Myanmar has delayed the announcement of foreign banks that will be allowed to operate in the country.

KYC & CDD

New Zealand Banks Balk at Global Initiative Similar to FATCA

23/09/2014

New Zealand could be an early adopter of the multilateral follow-up to the controversial United States Foreign Account Tax Compliance Act (FATCA), but local banks are raising concern about the readiness of the sector for such initiative.

Structural Regulation

Fairer Markets Not Always Efficient, Says CMCRC

23/09/2014

A study covering over 30 markets shows that while improving market fairness helps reduce transaction costs, not all market design changes enhance both fairness and efficiency.

KYC & CDD

Singapore Consults on New FATCA Compliance Rules

21/09/2014

Singapore authorities are seeking industry views on new regulations to help financial institutions in Singapore comply with the US Foreign Account Tax Compliance Act.

Structural Regulation

China to Allow Foreign Banks Easier Market Access

19/09/2014

China will remove a ban on foreign banks opening more than one branch in each Chinese city, giving them easier market access.

Structural Regulation

Singapore Exchange Seeks Broader Enforcement Powers, Listing Committees

18/09/2014

Singapore Exchange (SGX) is seeking industry views on its bid for broader enforcement powers against market participants that violate its listing rules.

Structural Regulation

Hong Kong Regulator Seeks Tougher Vetting Rules for GEM Companies

18/09/2014

The Securities and Futures Commission is recommending that the the city’s stock exchange tighten its vetting process for Growth Enterprise Market-listed (GEM) companies that seek listing on the main board.