Securities / Derivatives

SEBI Tightens Short-selling, Margin Rates to Curb Volatility

23/03/2020

SEBI is hoping to rein in speculation by reducing the position limits and raising margin rates in equity and debt derivatives.

Capital / Liquidity

RBNZ Announces Bond Buying Programme, Other Measures

22/03/2020

The latest measures include a NZ$30bn bond-buying programme, a new term lending facility for banks, and additional liquidity to support funding markets.

Australia Adjusts Regulatory Settings on Responsible Lending

22/03/2020

Six-month exemptions from responsible lending obligations are available to lenders that provide credit to existing small business customers.

Securities / Derivatives

TWSE Launches New Continuous Trading System for Equities

22/03/2020

Traders reportedly worry that the change-over could add to recent volatility. Meanwhile, a short-selling ban on certain stocks has been in place since Friday.

UPDATED – BOT Announces Emergency Rate Cut, Other Measures

22/03/2020

The central bank says the rate cut will have a greater impact if FIs take an active role to address borrowers’ liquidity problems and accelerate debt restructuring.

Capital / Liquidity

BCBS, FSB Support Use of Capital, Liquidity Buffers to Maintain Stability

22/03/2020

Using capital resources to support the real economy and absorb losses should take priority over discretionary distributions. HQLA stocks should be used to meet liquidity demands.

Capital / Liquidity

Bank Indonesia Cuts Rates Again, OJK Demands Leniency for Borrowers

22/03/2020

Banks have also been told not to use debt collectors during the Covid-19 pandemic, and to instead help customers by restructuring existing debt and granting new subsidised loans.

Securities / Derivatives

ASIC Grants Two Month Extension for Holding AGMs

22/03/2020

ASIC will take no action if AGMs of listed companies are postponed for two months, and supports the use of technology to hold virtual or hybrid meetings.

Capital / Liquidity

HK, Singapore, Indonesia Assessed as NSFR, LEX Compliant

22/03/2020

Hong Kong, Singapore and Indonesia were assessed as compliant with global standards for the net stable funding ratio and large exposures framework.