Securities / Derivatives

India INX Allows Direct Trading on LME, ICE, Eurex, Euronext

24/05/2019

The first trade on the LME from India INX took place on 21 May, in copper.

Enforcement

CICC Bankers Reprimanded for Altering IPO Documents

24/05/2019

Two CICC bankers have been named and shamed for altering the IPO application documents of a company seeking a listing on Shanghai’s new tech board.

ESG / Sustainability

HKEX Consults on ESG Reporting Framework

24/05/2019

HKEX is reviewing its ESG reporting framework to ensure it remains fit for purpose and is up to date with investor and stakeholder expectations and international best practice.

Securities / Derivatives

China to Open Bond Futures Market to Domestic Banks

24/05/2019

Opening up bond futures trading to banks will improve volumes, liquidity, hedging tools, and price discovery across the broader bond market.

Enforcement

Japan FSA to Issue Improvement Order Against Nomura

24/05/2019

The FSA will reportedly order Nomura Securities to strengthen controls and systems to prevent recurrence of a recent information leak.

Capital / Liquidity

Singapore Banks Still Analysing Data Gaps for MAS 610

24/05/2019

A Wolters Kluwer survey has revealed that 76% of Singapore banks are in the ‘data gap analysis’ stage in their preparation for MAS 610/1003.

Capital / Liquidity

APRA Warns of Capital Charges for FIs with Poor Culture

24/05/2019

APRA says it may apply additional capital requirements to regulated institutions with material weaknesses in their governance and management of non-financial risks.

Market Infrastructure

Japan T+2 Settlement to Start on 16 July

23/05/2019

T+2 settlement to go live in Japan following working group discussions and the successful completion of operational checks.

Enforcement

RBI to Create New Unit to Strengthen Financial Sector Supervision

23/05/2019

The Reserve Bank of India has announced the establishment of a new unit to streamline its supervision and regulation of banks and financial companies.