Asia Regulatory Review

CBRC Chairman Shang Fulin diagnoses the banking system. China's banking sector suffered a credit squeeze, late June, borrowing costs surged to record highs. Both banks and borrowers showed [...]

China injects funds into money markets, quelling fears. China’s central bank has injected money into the financial system for the first time in nearly half a year, seeking to stave off a repeat [...]

Peoples's Bank of China annouce decision to further promote Market-based Interest Rate Reform With the approval of the State Council and for the purpose of furthering market-based interest rate [...]

CRSC announces rise to total investment quota of QFII regime and further expansion of RQFII pilot regime to Singapore and London | (Chinese Only) | (English Article) The China Securities [...]

ASIFMA supports continued bond market reform in China. ASIFMA, a sell-side trade association, believes that in numerous respects, China's bond markets fall short of international norms, and as [...]

Chinese banking system stable, says regulator. China's banking system is stable, despite ongoing fears of a "credit crunch" spooking financial markets, according to the country's top regulator. [...]

Liquidity at 'Reasonable Level,' PBOC Says | (Chinese) | (English News Release). The central bank has urged banks to control risks from credit expansion amid a growing liquidity crunch. The [...]

Commission extends deadline for ESMA’s equivalence work under EMIR. The European Commission today, in a letter sent to ESMA, extended the deadlines for ESMA’s advice on the equivalence of [...]

GFMA have released three papers on their views of extraterritoriality: GFMA Paper Detailing Extraterritoriality Issues in US and EU. GFMA Views on the Impact of EU Extraterritorial Legislation [...]

Korea to implement Basel III capital regulations from December 2013. The Financial Supervisory Service (FSS) has announced that Korea has finalised its version of the Basel III banking capital [...]

BoJ board members raise Kuroda policy ‘contradictions’. Bank of Japan board members have pointed to “contradictions” in the central bank’s aggressive easing policy, according to minutes of an [...]

SIFMA Announces Former Senator Judd A. Gregg as New CEO and Appoints Kenneth E. Bentsen, Jr. as President The Securities Industry and Financial Markets Association (SIFMA) today announced the [...]