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| Asia regulators attack clearing standards |
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| Watchdogs warn against application of western standards as regulators assess whether clearing houses in Asia are robust enough for use by European banks |
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| Philippines to give sharia-compliant tag |
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| Philippine Stock Exchange to assign companies as sharia-compliant in a bid to persuade Muslim savers in Mindanao province to invest in the Philippines |
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| UK share settlement to be cut to two days |
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| Brussels wants to harmonise European settlement cycles, the period after a trade but before exchange of assets for cash, to a uniform period of two business days |
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| EU financial reform hits Asia |
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| Asian capital markets are not nearly as mature or complex as those in the US or EU, so a one-size-fits-all approach to regulation will not work |
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| CLS Group completes £160m fundraising |
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| World's main service for settling foreign exchange deals taps its 75 bank shareholders for funds to meet new rules for key markets infrastructure |
