US China tensions

Trade war threatens pace of China’s regulatory reforms

In the last few years, China has embarked on a concerted effort to curb the excesses of its shadow banking system, but the trade war with the US may slow or even threaten those aims. 

SFC CEO Ashley Alder to step down next year

The internationally highly regarded CEO of Hong Kong’s Securities and Futures Commission (SFC), Ashley Alder, will not renew his contract when it ends in September 2020, according to media reports. 

China to remove limits on foreign ownership of some financial firms from January

The China Securities Regulatory Commission (CSRC) said that limits on foreign ownership of futures, securities and mutual fund companies will go from January 1, 2020.

Deborah Young

The real promise of regtech is financial stability

The big prize promised by regtech is to provide genuine financial stability where looming risks can be detected and managed in real-time by regulators and firms before they ever develop into a full blown crisis

Karen Cox

Australia’s relatively conservative bank reforms already facing some resistance

Australia’s recent banking scandals, very much rooted in conduct issues, triggered a series of fairly conservative regulatory reforms, but even these are facing some industry push back

Debrah Young

Australian banking scandal gives regtech a big boost

Australia’s recent spate of banking scandals has given its regtech sector a major boost as banks rush to find solutions that will ensure they treat their customers better in the future

Open API initiative progressing in Hong Kong

The open Application Programming Interface (API) framework is progressing towards the next phase, said the Hong Kong Monetary Authority (HKMA), with 20 retail banks participating. 

Australian regulators propose reforming bankers’ bonuses

Bankers in Australia face reforms to their bonuses including having to wait longer for them to be paid out as the Australian Prudential Regulation Authority (APRA) explores in a discussion paper ways to incentivise better behaviour. 

Hong Kong tightens up stock market listings regime

Following a consultation, the Hong Kong Securities and Futures Commission (SFC) said it will work closely with the Hong Kong Stock Exchange (HKEx) and is amending listing rules to clamp down on backdoor listings and shell activities. 

FSA warns Japan’s regional banks to change their business models more quickly

Amid speculation that the Bank of Japan (BoJ) is planning to increase its monetary stimulus programme, regulators are warning that it should carefully consider the impact on regional banks before doing so.