In September 2012, we surveyed banks about their preparations for the coming advent of ISAs. We found major differences in their state of preparation, with some cautious about ISAs and...
Earthquake insurance's purpose is to help stabilize earthquake victims' daily lives in the aftermath of an earthquake. In reality, however, it is used to indemnify property losses. Earthquake insurance reform is...
Corporate bond issuance in China has been growing for the past several years. In addition to bond issuance to fund economic stimulus,such growth has been driven partly by the advent...
Tokyo AIM, a professionals-only stock exchange, had little success at listing companies before it was recently merged into the Tokyo Stock Exchange Group and renamed the Tokyo Pro Market. In Okinawa, a newly...
Supported by the Chinese government, Hong Kong has been developing an offshore RMB market to promote the RMB's use outside of mainland China. Dim sum bonds, the first offshore RMB...
Reform is accelerating in China's securities sector. At an industry conference in May 2012, regulatory authorities unveiled plans to promote diversification of securities firms' operations through deregulation. They have recently...
PTS usage in Japan is projected to grow following a pending revision to the 5% tender-offer bid rule, but many brokerages have best execution policies that route orders to exchanges...
According to the NRI Questionnaire Survey of 10,000 Consumers, consumers most commonly switch banks in their thirties and sixties. To become the main bank of more consumers, it is important...
In the first half of 2012, Chinese financial reform progressed faster than previously anticipated, with a proposed capital account liberalization timeline released in February, the renminbi's trading band widened in...
Japan's FSA plans to initiate XBRL disclosure of material facts that significantly influence investment decisions in addition to financial information that helps investors evaluate companies more efficiently.