Philip Chua Business Blog

Posts Tagged ‘regulator’

IT HAS been reassuring to learn how the Singapore Exchange’s (SGX) Regulatory Conflicts Committee (RCC) reviews perceived and actual conflicts that could arise from the exchange’s status as a self-regulated organisation and its dual role as a listed company and a market regulator.
Among various things, the committee looked into how SGX handled the recent lapses at S-chips here and scrutinised deal… more

Reuters – Britain’s financial regulator plans to force mortgage lenders to check the income of all borrowers, scrapping so-called “liar loans” blamed for helping to fuel bad debt problems at the heart of the credit crunch.

Consensus is building in the Senate for legislation that would significantly weaken the Federal Reserve by stripping its power to oversee banks and hand that job to a single federal bank regulator.

IF YOU have ever been sold a financial product labelled ‘capital protected’ or ‘principal protected’ and did not know what the terms really meant, there is good news.
Singapore’s financial regulator has decided to ban their use because too many investors do not understand them.
What is more easily understood is ‘capital guaranteed’ – meaning the investor’s principal sum is fully protected – and th… more

Reuters – The chief regulator of U.S. commodities markets, Gary Gensler, is serious about limiting speculation in energy futures trading and will move to provide details about managed funds’ contract positions in an attempt to make markets more transparent.

Reuters – A U.S. bank regulator is expected to move quickly in finalizing guidelines on private equity investments in failed banks, possibly easing one of its most controversial proposals, sources said on Monday.