Securities / Derivatives

SEBI Prescribes New Margin Framework or Commodity Derivatives

28/01/2020

Clearing corporations are asked to categories commodity derivatives as low, medium and high risk, and to set new IM and MPOR floors.

Capital / Liquidity

Japan Banks to Hold More Capital Against Partner Relationships – Report

27/01/2020

Higher capital requirements could accelerate the unwinding of cross-shareholdings, a Japanese practice of owning shares in business partners.

Securities / Derivatives

KRX to Cap KOSPI 200 Single Stock Weighting at 30pc

27/01/2020

Institutional investors who mirror the KOSPI 200 index may need to offload an estimated 500-800bn won worth of Samsung Electronics shares to rebalance their portfolios.

Enforcement

NAB Units Face Class Action for Mismanaged Superannuation

27/01/2020

The case will focus on NAB’s alleged failure to transfer A$6.3mn of accrued default amounts to MySuper in a timely fashion, as required by law.

Market Infrastructure

FSS Korea to Reorganise Consumer Protection Department

24/01/2020

The FSS will reorganise its consumer protection department to boost supervision of high-risk financial products, and establish suptech and regtech teams.

Fintech / Regtech

Australia Considers Opening ‘Write’ Access Under Open Banking

24/01/2020

The government will consider expanding the consumer data right to allow ‘write’ access by entities other than banks, similar to how the EU’s PSD2 operates.

Uncategorised

RBI Eases Limits on FPI Investment in Debt Securities

24/01/2020

RBI has re-opened the ‘voluntary retention route’ for FPI investments in debt, doubling the investment cap. Short-term investment limits have also been eased.

Market Infrastructure

Grab, Razer Considering Malaysia Digital Bank Licences – Report

24/01/2020

CIMB, Hong Leong Bank, Maybank, Grab, Razer, AirAsia, Axiata are reportedly considering submitting bids for Malaysian digital bank licences.

AML / KYC

SEBI to Augment Social Media Monitoring to Fight Manipulation

24/01/2020

SEBI is working on a ‘data lake’ project that will use AI, machine learning and NLP tech to analyse unstructured data and augment market surveillance.