Liquidity Risk

BOJ Has Effectively Paid Banks to Lend to Businesses – Report

18/08/2020

In April, the BOJ started offering banks a 0.1% interest rate if they used a new lending facility to lend to SMEs. Banks have shown record lending in recent months.

Anti-Money Laundering

Singapore Crypto Association Publishes Industry Code of Practice

17/08/2020

The code is accompanied by a practice guide providing regulatory guidance to facilitate payment services licence applications in Singapore.

Credit Risk

RBNZ Extends Mortgage Deferral Scheme Another Six Months

17/08/2020

The extension means banks can continue to offer temporary mortgage deferrals to their customers without the loans being treated as in default.

Trading & Investment

Hang Seng Index to Include Alibaba, Xiaomi from 7 September

16/08/2020

The changes reflect a May decision to allow weighted voting rights and secondary-listed companies from the Mainland to be included as HSI and HSCEI constituents.

Anti-Money Laundering

Indian Authorities Raid Chinese Entities Over Money Laundering Concerns

16/08/2020

Chinese shell companies and individuals and their Indian associates, including bankers and accountants, were allegedly involved in hawala and money laundering transactions.

Sustainable Finance

BOT, UK Government Agree to Cooperate in Financial Services

16/08/2020

The MoU will see increased cooperation in areas such as accounting standards, governance and transparency, fintech development, and sustainable finance.

Credit Risk

CBIRC Projects ¥3.4tr in Bad Loans for 2020, More in 2021

16/08/2020

CBIRC chairman Guo Shuqing says banks should prepare by replenishing capital, increasing provisioning, and improving risk management.

Resolution & Recovery

FSB Publishes Information Gathering Template on FMI Access

16/08/2020

The template will streamline the process of gathering information about access to clearing, payment, settlement, custody and other FMI services in cases where firms need to be resolved.

ESG Data

Bursa Malaysia Publishes ESG Scores of Publicly Listed Companies

16/08/2020

The availability of ESG ratings will help investors and allow listed companies to benchmark themselves against their peers in terms ESG performance, Bursa Malaysia says.