Capital / Liquidity

Singapore Issues TLAC Consultation

12/04/2018

Monetary Authority aims to bring Singapore in line with Basel III capital treatment of capital holdings from January next year.

AML / KYC

US Resident Pleads Guilty to Singapore Money Laundering

11/04/2018

American convinced victim to make $600,000 investment with promise of 30% return, but instead transferred to Singapore account.

Securities / Derivatives

SFC Identifies Best Practices for Alternative Liquidity Pools

10/04/2018

ALP operator guidelines should include third-party order routing and information about prioritisation for orders simultaneously posted to exchanges; all ALP users should be qualified investors.

Capital / Liquidity

Philippine Bank Profits Insufficient to Support Asset Growth – Moody’s

09/04/2018

Moody’s says loan growth outpaces capital growth at Philippine banks as strong macroeconomic conditions increase credit demand; banks require external capital raising to improve capital ratios.

Capital / Liquidity

Indonesia to Boost Bank Lending Through “Flexible” Credit, Liquidity Rules

09/04/2018

New rules reduce reserve requirements, simplify foreign currency deposit rules and allow banks to use their liquidity buffers to raise funding in repo transactions.

Capital / Liquidity

Moody’s Upgrades Vietnamese Banks on Improved Asset Quality

09/04/2018

Asia Commercial Bank shows improvement since imprisonment of former vice chairman for fraud, tax evasion and illegal trade.

Market Infrastructure

Bursa Malaysia Enhances Collective Investment Rules

07/04/2018

Unit holder protections, corporate governance, disclosure quality to be enhanced; applicable to REITs, ETFs, closed-end funds.

Securities / Derivatives

IOSCO Issues Corporate Bond Transparency Recommendations

07/04/2018

Better access to information will aid regulator functions, enhance cross-border information sharing, enable better informed investment decisions, boost market liquidity.

Securities / Derivatives

ASIC Updates Client Money Guidance as New Restrictions Take Effect

06/04/2018

Licensees may not use OTC derivative client money for own obligations, working capital; new reporting requirements to increase transparency on client money use.