Market Infrastructure

Technical Preparation for Shanghai-London Connect Completed

07/01/2019

The currency conversion system that delayed the launch of the Shanghai-London Stock Connect last month has now been completed.

AML / KYC

New Rules for Payments, E-Commerce Take Effect in China

04/01/2019

Non-bank payment institutions will be required to report to the central bank any consumer transactions exceeding 50,000 yuan and cross-border transfers over 200,000 yuan.

Market Infrastructure

SEBI to Upgrade Market Surveillance System and Data Warehouse

04/01/2019

India’s securities regulator is looking to beef up its IT infrastructure for market surveillance and trade data analysis to improve detection of market violations.

Capital / Liquidity

China Lowers Bank Reserve Requirement for SME Lending

04/01/2019

The central bank has tweaked its definition of SMEs to include more firms and reduced reserve requirements for banks lending to these firms.

BOT Urges Commercial Banks to Set Up Risk Management Boards

04/01/2019

Thailand’s central bank is concerned about underpricing of risk on corporate loans given “growing uncertainties” in domestic and international markets.

Capital / Liquidity

Easing Bank Capital Requirements Would Hurt Economy – RBI

03/01/2019

The RBI says that current provisioning is inadequate to cover future losses from bad loans, which have been underrecognised by Indian banks.

Capital / Liquidity

Chinese Banks Will Face Capital, Liquidity Shortfalls Under Stress

03/01/2019

Stress tests indicate Chinese banks would face capital and liquidity shortfalls under adverse conditions, according to the PBOC’s latest financial stability report.

Securities / Derivatives

HKEX Loosens Requirements to Participate in ETP Market Making

03/01/2019

HKEX has loosened the eligibility criteria and created a more flexible structure to allow global liquidity providers to provide market making for Hong Kong exchange-traded products.

AML / KYC

Taiwan to Ease AML Requirements for Low Risk Clients

03/01/2019

The majority of banks’ clients pose low money laundering risks, and should not be subject to the same level of scrutiny as high risk clients, said FSC chairman Wellington Koo.