Foreign workers in China will be required to submit their personal credit information, including from activities in other countries, to the national credit system in order to obtain loans.
The National Stock Exchange of India has raised trading margins required for stock futures and options by up to 300%, depending on market wide position limits.
Participants in government securities, money markets and non-derivative forex markets will have until the end of this year to obtain LEIs.
From 30 June, loans will be classified as 'bad' only once they have been overdue for at least 12 months, compared to nine months previously, among other changes.
Starting today (29 April), securities trade on Bursa Malaysia will be executed on T+2 settlement, a move first proposed in March 2018.
China's foreign exchange regulator has developed an open blockchain platform to help address the inefficiencies of cross-border trade finance.
The Wolfsberg Group has endorsed the latest Anti Human Trafficking Toolkit from the Thomson Reuters Foundation, tailored for use in Asia Pacific by banks and financial institutions.
The update addresses situations where customers choose to receive fewer transaction notifications, which could affect their ability to monitor for unauthorised transactions.
MAS has reportedly been encouraging major FX players to build their systems, trading engines and data centres locally to reduce latencies from routing trades through other FX hubs.
The Philippine central bank has issued a draft circular to support its new mandate as the primary regulator for the country’s payment systems.