HKMA seeks RMB cap removal; BIS issues EM warning; London RQFII quota awarded; Shanghai FTZ head removed; HK to join OECD tax-data scheme; US allows hedge funds to advertise; and HKEx cuts tax on transactions.
OECD issues tax data standards; Singapore announces benchmark rules; Australia, Hong Kong crack down on dark pools; and Asic reviews enforcements.
China eyes looser JV rules, to reform SOEs; Taiwan to raise quota for China institutions; insurance relaxation seen as property boon; and Luxembourg clarifies Ucits rules.
Malaysia announces capital markets rule changes; Iosco brands investors "over-reliant" on credit ratings; Asic to reduce market surveillance; and new Cayman Islands regime comes in.
Indian rule changes on foreign investment; Luxembourg signs Fatca agreement; HKEx chair slams 'one share, one vote'; Morningstar on Taiwan ETF rules; Asian buyside seen as unprepared for clearing rules.
Korea gets tough on mis-selling, HK waives licensing fees, Japan-US agreement on derivatives market, Malaysia fund AUM grows by 16.5%, China's preferred share pilot programme.