Capital / Liquidity

Small Finance Banks Rush to Meet RBI Listing Deadline

26/09/2019

A three-year deadline to publicly list is approaching for small finance banks that were granted in-principle licences by the RBI in September 2015.

Enforcement

RBNZ to Start Publishing Regulatory Breaches by Banks

25/09/2019

The RBNZ will start publishing banks’ regulatory breaches on its website next year in a bid to improve transparency and market discipline.

APRA Wants More Data on Lenders’ Property Exposures

25/09/2019

APRA is proposing to incorporate more detailed data on residential property exposures and new housing loan approvals in its QPEX statistical publication.

Market Infrastructure

China Orders SOEs to Transfer Capital to Social Security Fund

25/09/2019

The national social security fund will be used primarily to make up pension shortfalls, using capital from centrally-administered SOEs, including financial institutions.

Enforcement

APRA’s Authority Potentially Undermined by IOOF Court Loss

25/09/2019

APRA initiated court action against IOOF seeking to ultimately disqualify its executives from the industry, but instead the court dismissed the regulator’s case.

Securities / Derivatives

KRX to Enable Local Access to Foreign ETF Trading

25/09/2019

Access will be enabled through an ‘ETF of ETF’ structure, under which locally tradeable ETFs will invest in individual foreign ETFs.

Capital / Liquidity

BSP Enhances Rules on Voluntary Surrender of Banking Licences

24/09/2019

The guidelines are aimed at improving protections for depositors and creditors of banks that have decided to cease operations.

Securities / Derivatives

US, UK Agencies Work to Clean Up Credit Derivatives Market

24/09/2019

In a joint statement, the SEC, CFTC and FCA have pledged to work together to address “opportunistic strategies” that harm the credit derivatives market.

Securities / Derivatives

SEBI Prescribes New Risk Management Norms for Liquid Funds

24/09/2019

From 1 April 2020, liquid and overnight funds must hold at least 20% of their net assets in liquid assets such as cash, government securities and treasury bills.