Liquidity Risk

RBA Expands Low-cost Term Lending Facility for Banks

02/09/2020

The expansion brings the total available funding under the term lending facility to about A$200 billion, said RBA governor Philip Lowe.

Anti-Money Laundering

BNM Issues Guidance Documents on AML/CFT Obligations

02/09/2020

Guidance is provided for financial institutions, DNFBPs and NBFIs on AML/CFT and targeted financial sanctions, customer due diligence and beneficial ownership.

CBDCs

China: Two More State-Banks Join Digital Yuan Testing

02/09/2020

Postal Savings Bank of China and China Citic Bank will join four other state banks in conducting initial tests and creating services for the digital currency.

Operational Risk

APRA Updates Four-Year Corporate Plan to Prioritise Covid Risks

02/09/2020

APRA will prioritise the safety and soundness of regulated institutions, operational resilience and contingency planning for adverse events.

Operational Risk

CBIRC Penalises Two State-Owned Banks for Violations

02/09/2020

Agricultural Bank of China and China Construction Bank were fined more than a combined 90mn yuan and one individual was banned for life.

Trading & Investment

India: New Cash Segment Margin Rules Take Effect

01/09/2020

India’s brokers association had asked for additional time for firms to implement system changes and address operational challenges. SEBI refused the request.

Conduct, Culture & Accountability

ASIC Four-year Plan Targets Misconduct, Innovation

01/09/2020

In its four year corporate plan, ASIC says it will target misconduct and consumer harm, while also promoting fintech, regtech and suptech innovation.

Trading & Investment

Tokyo Stock Exchange to Pilot Test RFQ Functionality

01/09/2020

The initiative is aimed at making ETF trading more efficient by connecting institutional investors, securities companies, and market makers more closely.

Trading & Investment

KBank, CIMB Thai Complete First OIS Trade Referencing THOR

01/09/2020

KBank and CIMB Thai Bank completed the first overnight indexed swap derivatives transaction referencing Thailand’s new reference rate on Monday.