Fintech / Regtech

MAS to ‘Fast-Track’ Sandbox Applicants for Some Regulated Activities

15/11/2018

The regulator wants to streamline the application and approval process for regulated activities where risks are generally low or well understood and could be reasonably contained.

Capital / Liquidity

RBNZ Consults on New Mortgage Bond Standard

14/11/2018

The new standard aims to reduce contingency risks for the central bank as a lender of last resort and ensure financial intermediaries supply sufficient HQLA assets.

Enforcement

SEBI Looks to Enhanced Analytics to Boost Surveillance Capabilities

13/11/2018

The regulator is looking to set up private cloud infrastructure to enhance its analytical capabilities for better surveillance and investigations.

Fintech / Regtech

New STO Platform Gets Backing from SGX, Temasek

13/11/2018

SGX and a Temasek unit have invested in a new platform that is seeking MAS licensing to enable fundraising in Singapore through security token offerings.

Market Infrastructure

Myanmar Allows Local Lending by Foreign Bank Branches

13/11/2018

To date, the 13 foreign banks with branches in Myanmar have only been allowed to lend to foreign entities in the country, and only in foreign currencies.

Market Infrastructure

Amex Affiliate Wins Approval to Enter China Bank Card Market

12/11/2018

The affiliate, 50 percent owned by Amex subsidiaries, will be able to operate a credit card payment network that will allow Amex-branded cards to be used in China.

Securities / Derivatives

SGX RegCo to Give Minority Shareholders Bigger Say on Delistings

12/11/2018

Parties making the voluntary delisting offer to privatise an issuer will not be allowed to vote on the delisting resolution, as is the case in Hong Kong and Australia.

Fintech / Regtech

MAS, SGX Develop DvP Prototypes for Settlement of Tokenised Assets

12/11/2018

MAS and SGX have developed delivery versus payment capabilities for the settlement of tokenised assets across different blockchain platforms, which they say can help simplify post-trade processes and further shorten settlement cycles in capital markets.

Securities / Derivatives

China Brokers Guard Against Stock-Pledged Loan Defaults – Report

09/11/2018

China’s brokerages are looking to boost capital to guard against further falls in the markets that could threaten the value of loans backed by stock pledges.