Capital / Liquidity

Malaysia Issues Draft Policy Framework for D-SIBs

04/04/2019

The draft policy framework sets out a proposed assessment methodology to identify D-SIBs in Malaysia and the applicable HLA and reporting requirements.

Capital / Liquidity

RBI Large Exposures Framework Takes Effect

04/04/2019

The RBI has issued a notice on its large exposures framework, which is now in effect, clarifying that non-cleared derivatives will be considered outside its remit for another year.

Enforcement

Australia Budget Delivers Additional Funding for APRA, ASIC

04/04/2019

APRA and ASIC will get more than A$550mn in funding to enhance their effectiveness in addressing financial sector misconduct.

Market Infrastructure

APRA Consults on Financial Sector Shareholdings Rules

03/04/2019

The proposed rules set out the matters that must be considered in determining if a person is “fit and proper” to own 20% or more in an ADI, life insurer or general insurer.

Uncategorised

Bloomberg Begins Including China Bonds in Flagship Index

03/04/2019

The index inclusion will draw more liquidity into China’s onshore bond market and potentially spur more policy measures to further open up the market.

Uncategorised

Behavioural Insights Can Help Regulators Protect Investors – IOSCO

03/04/2019

The report provides guidance to help regulators better understand the behaviour of retail investors in making financial investment decisions to aid in policy development.

Fintech / Regtech

APRA to Implement New Data Reporting System in March 2020

03/04/2019

APRA says in its initial implementation plan that entities must start ensuring their readiness for the new system now, as there is only a one year timeline for implementation.

AML / KYC

FMA Monitoring Report Reveals Multiple AML/CFT Deficiencies

02/04/2019

New Zealand’s Financial Markets Authority has released a report highlighting failures in reporting entities’ AML/CFT programmes, risk assessments and customer due diligence.

Enforcement

SEBI Proposes SRO Nomination Plan for Mutual Fund Distributors, Advisers

02/04/2019

A consultation proposes the creation of a nomination committee comprising external experts to recommend a self regulatory organisation for mutual fund distributors and advisers to curb mis-selling.