Trading & Investment

RBI Permits FPIs to Buy Debt Issued by REITs, InvITs

13/11/2021

The move will help REITs and InvITs to raise debt at competitive rates, boost institutional investor participation, and improve unit holders’ risk-adjusted returns.

Cryptocurrency

Indonesia Religious Council Declares Crypto Assets Forbidden

12/11/2021

Crypto assets as a currency are considered haram, or banned, for Muslims, according to Indonesia’s National Ulema Council.

Emerging Prudential Risks

APRA Sets Out Macroprudential Policy Framework

12/11/2021

APRA has defined certain credit measures it can take to address systemic risks if needed, such as temporary lending limits and minimum lending standards.

Market Risk

BCBS Finalises Revisions to Market Risk Disclosure Requirements

12/11/2021

The BCBS has also finalised standards for banks to use when disclosing their sovereign exposures and risk-weighted assets.

Payments & Settlements

Singapore, UAE Conclude Digital Trade Financing Pilot

12/11/2021

The pilot enabled trading counterparties and transacting banks to digitally validate and exchange trade documents in real-time.

Conduct, Culture & Accountability

SFC Bans Two Ex-Licensees Over Use of Client Accounts

12/11/2021

One former representative effected discretionary trades in clients’ accounts without authorisation. The other traded his own stocks from a client’s accounts.

Payments & Settlements

Malaysia Joins PoC Project to Test Cross-border Payment Links

11/11/2021

BNM and PayNet are joining Project Nexus, which was first announced in July by BIS Innovation Hub and MAS to explore new cross-border payment linkages.

Anti-Money Laundering

APG Re-rates Sri Lanka on One FATF Recommendation

11/11/2021

Sri Lanka extended its foreign exchange declaration requirements to include the full range of bearer negotiable instruments, in line with Recommendation 32.

Anti-Money Laundering

Indonesia, UAE to Cooperate on Payments, Fintech, AML

11/11/2021

Central banks will cooperate on cross-border payments, fintech, and AML. Financial services regulators will cooperate on developing the Islamic finance industry.