Eastern Europe Investment 2016
HONG KONG Hong Kong will begin a review of its data privacy rules over the next 18 months, with a view to potentially updating them in line with technological developments and changes in European regulation, the territory's privacy regulator said.
FRANKFURT/LONDON Greater clarity is urgently needed on the extent of underfunding of corporate pensions in Europe and the potential impact this could have on financial stability, a top EU financial regulator said.
FRANKFURT/LONDON Insurers are making progress in adjusting their business models to account for low interest rates and the complex new risk-capital regime called Solvency II that took effect at the start of the year, the EU's top insurance regulator said.
LONDON/HONG KONG The 'fintech' sector hoping to revolutionize finance with the adoption of blockchain, or distributed ledger technology, is forcing global financial regulators to start looking at whether they need to change the rules governing markets and banking.
HONG KONG Asia has seen vast improvement in corporate governance over the past two years as regulators and securities exchanges tighten rules to boost company performance, raise investor confidence and guard their reputations.
WASHINGTON The financial regulator charged with overseeing U.S. commodity markets has just one specialist examining oil trades.
WASHINGTON The U.S. Commodity Futures Trading Commission plans to finalize rules on cyber security, automated trading and position limits this year, as it tidies up final requirements related to the Dodd-Frank financial reform law, its chairman said on Thursday.
BRUSSELS/LONDON Smaller euro zone banks may not need to hold bonds that can be wiped out to plug losses in a crisis, the head of the body responsible for resolving failed banks told Reuters.
HONG KONG Investors are facing major challenges in assessing cyber security risks because companies are wary of disclosing breaches fearing they could make them more vulnerable, according to BlackRock's head of investment stewardship for Asia Pacific.
HONG KONG Hong Kong's stock exchange may implement stricter rules to prevent companies sidestepping scrutiny of reverse takeovers (RTOs) and backdoor listings as part of a broad review of listing rules in the city, a top bourse official said.
SINGAPORE Singapore wants listed companies that are the target of anonymous research reports or short-sellers to quickly disclose information in order to address investor concerns, a senior official of the Singapore Exchange (SGX) said.