Fintech / Regtech

HKMA Emphasises Consumer Protection in Big Data Analytics, AI Use

06/11/2019

New HKMA guidance for banks using big data analytics and AI applications focuses on four major areas: governance and accountability; fairness; transparency and disclosure; and data privacy and protection.

Big Picture

Tokenisation Could Revolutionise Traditional Finance: ASIFMA

06/11/2019

Tokenised securities will impact traditional finance and act as a bridge between legacy finance and the new digital world, taking benefits from each system, ASIFMA says in a new white paper.

Fintech / Regtech

Bursa Malaysia Completes SBL Proof-of-Concept Using Blockchain

06/11/2019

The POC was a test of a private-permissioned blockchain-driven solution for securities borrowing and lending that can enhance market discovery, efficiencies and transparency.

ESG / Sustainability

New Zealand Consults on Mandatory Climate Risk Reporting

06/11/2019

The discussion document sets out a proposed mandatory regime which seeks to ensure that material risks and opportunities are routinely considered in business and investment decisions.

Market Infrastructure

RBI Issues Stricter Rules on Bank Executive Compensation

06/11/2019

Executive compensation should be at least 50% variable, and at least 60% of the variable pay must be deferred for at least three years, subject to malus/clawback arrangements.

Market Infrastructure

CHESS Replacement Project Creates Unfair Advantage: Chi-X Australia

05/11/2019

Chi-X Australia depends entirely on ASX for clearing services, and is concerned that the larger bourse could use the CHESS replacement project to gain further competitive advantages.

Securities / Derivatives

TWSE Mulls New Measures to Boost Liquidity in Inactive Stocks

05/11/2019

Under a proposed new system, brokerage firms would perform the role of market makers for a guaranteed number of stocks, effectively making low-liquidity stocks easier to trade.

Capital / Liquidity

Capital Buffers Are Designed to Be Used: BCBS

05/11/2019

Banks that draw down on their buffers in times of stress are not deemed to be in breach of their minimum regulatory capital requirements.

Capital / Liquidity

Singapore Banking Amendment Bill Introduced in Parliament

05/11/2019

The bill will remove the DBU-ACU divide, expand the grounds for which MAS can revoke bank licences, and empower MAS to regulate outsourcing arrangements.