Enforcement

ASIC Officials Fear Excessive Focus on Litigation – Report

21/01/2019

While ASIC officials talk up plans to fund more court cases, behind the scenes they are reportedly concerned about the community backlash and loss of confidence if cases are lost.

Capital / Liquidity

RBNZ Bank Capital Proposal Excessive, Expensive, Unnecessary – UBS

21/01/2019

The RBNZ’s endeavours to strengthen the banks could come at a significant cost to the New Zealand economy, UBS has said in a research note.

Securities / Derivatives

Myanmar to Establish Derivatives Market

21/01/2019

A plan to launch a derivatives market in Myanmar is afoot, but an important step is to put in place an appropriate regulatory regime.

Capital / Liquidity

HKMA Asks Banks to Start Working on FRTB Implementation

21/01/2019

The HKMA circular follows last week’s publication of new minimum capital requirements for market risk by the Basel Committee on Banking Supervision.

Capital / Liquidity

Principles on Liquidity Risk Management Remain ‘Fit For Purpose’ – BCBS

18/01/2019

Based on a review initiated in 2017, the Basel Committee says its 2008 Principles for Sound Liquidity Risk Management Supervision remain fit for purpose, while warning of risks ahead.

Securities / Derivatives

SEBI Issues Consultation on Commodity Index Futures

18/01/2019

SEBI’s proposal seeks to allow SMEs, mutual funds, insurance companies and institutional investors to trade in commodity index futures.

Crypto / Digital Assets

Stock Exchange of Thailand Seeks Digital Asset Licence

18/01/2019

The SET plans to apply for a licence to operate a new digital asset exchange, to be set up in collaboration with its members.

Capital / Liquidity

India Liberalises Framework for Overseas Borrowing

17/01/2019

Eligible domestic borrowers can borrow up to $750mn per year in foreign currency or rupees from any entity in a country which is FATF or IOSCO compliant.

Market Infrastructure

SGX Lowers Messaging Costs for Market Participants

17/01/2019

SGX’s adoption of SWIFT’s CSD Community Offering for financial messaging is expected to reduce messaging costs by 50% for smaller market participants.