06/15/2017
Vaneck Australia Granted China RQFII License
Neiron also said the company was assessing new opportunities to apply the firm’s quota in expanding its exchange traded fund (ETF) offerings.
Legal, Regulation & Compliance
06/14/2017
Invest in bank security
It was about a malware that locks files and asks for payment to unlock those files.
06/13/2017
Hong Kong and Australia seal agreement on fintech cooperation
The Innovation Hub and Fintech Contact Point offer assistance to innovative fintech businesses to understand the regulatory regimes in each of their jurisdictions.
06/13/2017
Hong Kong SFC bans a former employee of the HSBC
The SFC considers Li’s conduct, which fell short of the standards required of him under the Code of Conduct, calls into question his fitness and properness to be a regulated person.
06/12/2017
Singapore proposes new rules to support growth of robo-advisor providers
Robo-advisory services—also known as digital advisory services—refer to the provision of online advice using automated, algorithm-based tools, with limited or no human interaction with clients.
06/12/2017
Japan's financial watchdog to ease up on banks
Financial Services Agency says old oversight rules stifle lending and growth
06/12/2017
Mongolia moots asset management company to tackle bad loans
IMF makes aid contingent on country sort out its tottering bank sector
06/12/2017
China regulators release draft rules on planned 'Bond Connect'
CFETS said it would have the right to investigate investors whose trading or information disclosure violate its rules or the rules of China's interbank bond market.
06/10/2017
Chinese banking regulator urges progress in inclusive financing
The CSRC chief encouraged financial institutions to delegate the right of loan approval to lower levels as long as financial risks are under control.
06/08/2017
Local RegTechs drive new growth
The maturity of Australia’s financial market made it challenging for RegTech start ups which; “Need to have really crisp solutions here whereas in another country perhaps – they don’t have to be the best, but tier two tier three co
06/08/2017
China's regulator zeroes in on fund performance fees
The China Securities Regulatory Commission has proposed new rules that require an asset management firm to inject at least RMB 10m (£1.16m, €1.33, $1.5m) into mutual funds that levy a performance fee.
06/08/2017
Phatra offers global investment service to high-value customers
The Bank of Thailand and the Securities and Exchange Commission have also relaxed regulations by allowing Thai investors to access global opportunities in a more efficient manner.
06/08/2017
Japan to rein in regional banks' overexposure to bonds
Financial watchdog aims to nudge banks toward lending operations
06/08/2017
MAS proposes moves to support growth of robo advisory firms
It suggests that such firms be given concessions, but calls for safeguards; it aims to widen investor choice and access to low-cost investment advice
06/06/2017
Global transparency
In recent years, significant changes in global finance regulations mean that every investor should re-examine their personal need for such offshore structures.
06/06/2017
Macquarie moves on private wealth compliance breaches
The offending action was believed to include misclassifying the nature of some advice to clients.
06/05/2017
Coming to terms with CRS in Asia
CRS is, in every respect, singular.
06/05/2017
APRA wants super disqualification powers
“It is quite challenging for us at the moment to pursue individuals within the industry, because of the constraints under the legislation,” Rowell said.
06/04/2017
Framework Set to Support Indonesian Bank‘s Expansion in SEA Region
Indonesia and the Philippines, he further remarked, also have great potential in terms of their population sizes.
06/04/2017
RBI to maintain neutral policy stance on June 7: Nomura
According to the Japanese financial services major, the Reserve Bank is expected to stay on hold till March 2018 and thereafter go for a cumulative 50 bps rate hike starting in April 2018.