Structural Regulation

SFC Highlights Key Regulatory Initiatives in Quarterly Report

25/02/2020

Among the initiatives were the launch of the new OFC regime for private fund managers, a regulatory framework for virtual assets, and enhancements to the investor compensation regime.

Clearing & Post-Trade

ASX Consults on Tranche 2 Rule Changes for CHESS Replacement

24/02/2020

ASX is consulting on operating rules relating to corporate actions, mFund and RTGS payment aspects for ‘Day 1’ implementation of CHESS Replacement system functionality.

Cloud & Infrastructure

HKMA Invites Tenders to Implement Data Automation, Analytics

24/02/2020

The HKMA is inviting tenders to provide the regulator implementation services for data automation and big data analytics.

Credit Risk

China: Restoring NPL Recognition Standards May Take Years: S&P

24/02/2020

China’s relaxed bad loan recognition standards to help businesses through the Covid-19 outbreak may have long-term repercussions for the creditworthiness of some institutions.

Sustainable Finance

ICMA Publishes Compendium of Global Sustainable Finance Initiatives

24/02/2020

Key international initiatives identified are the Equator Principles, the FSB TCFD Recommendations, the G20 Sustainable Finance Study Group, the NGFS, and the UN SDGs.

Trading & Investment

China Reopens Treasury Bond Futures Market to State-run Banks

24/02/2020

The domestic treasury bond futures market was closed in 1995 following a panic sell-off and the collapse of China’s largest brokerage at the time.

Capital Adequacy

APRA Asks ADIs to Review, Improve Stress Testing Processes

24/02/2020

Larger ADIs have better stress testing governance practices and scenario development processes, and make better use of stress test results, than smaller institutions.

Structural Regulation

Japan: New Foreign Investment Rule to Impact Up to 500 Listed Firms

24/02/2020

Proposed ministry orders currently being finalised will reportedly exempt a wide range of foreign financial institutions and hedge funds from the reporting requirement.

Trading & Investment

Malaysia to Allow Private Retirement Schemes to Invest Overseas

22/02/2020

Malaysia’s Securities Commission says it will allow conservative PRS funds to invest in foreign markets, providing them more flexibility in asset allocation.