Market Infrastructure

JPX, TOCOM Initiate Discussions to Consolidate Operations

25/10/2018

Discussions aimed at creating an integrated exchange offering both securities and commodities to boost competitiveness and attract global participants.

Capital / Liquidity

HKMA to Adopt BCBS Guidelines on Stress Testing

23/10/2018

Authorised institutions should review and strengthen stress testing frameworks and practices taking account of BCBS’ stress testing principles, the HKMA says.

Capital / Liquidity

China’s Banks Have Strongest Credit Profile Among BRICS – Moody’s

23/10/2018

Chinese banks have the lowest ratio of problems loans among BRICS nations, whereas Indian banks suffer from weak asset quality and profitability.

Market Infrastructure

HKEX Launches Commodity Exchange in Shenzhen

22/10/2018

The Qianhai Mercantile Exchange, controlled by HKEX, unexpectedly began spot trading in alumina on Friday, according to a Reuters report.

AML / KYC

Revised HKMA Guidelines on AML/CFT to Take Effect from November

22/10/2018

The Guidelines are set to take effect from 1 November for authorised institutions and stored value facilities. The HKMA has also published its policy and supervisory approach.

Securities / Derivatives

Chi-X Australia, Deutsche Announce New TraCR Issuances

19/10/2018

Microsoft, JP Morgan, Disney and Facebook will join Apple in becoming Transferable Custody Receipts listed on Chi-X Australia, with more issuances to follow.

Fintech / Regtech

New Sandbox Allows Testing of Australia’s NPP via APIs

18/10/2018

SWIFT and NPP Australia have launched a new secure testing environment allowing fintechs to test the capabilities of Australia’s new payments system via APIs.

Market Infrastructure

APRA Clarifies Accountability Expectations under BEAR in New Paper

18/10/2018

The information paper is aimed at assisting financial institutions to prepare for BEAR implementation, and helping the largest of them refine and embed the regime.

Securities / Derivatives

PBOC Launches Tri-party Repos in Interbank Bond Market

18/10/2018

Tri-party repos allow investors to entrust an agent to handle collateral, reducing settlement failure while ensuring effective coverage of risk exposure.