Market Infrastructure

BCBS Publishes Report on Cyber-Resilience Practices Across Jurisdictions

05/12/2018

The report identifies, describes and compares the range of observed bank, regulatory and supervisory cyber-resilience practices across jurisdictions.

Market Infrastructure

SEBI Consults on Proposals to Allow Indian Firms to List Overseas

05/12/2018

An expert panel constituted by SEBI has issued recommendations that, if adopted, would enable Indian firms to list overseas and foreign companies to list directly in India.

Market Infrastructure

MAS Consults on Exemption Framework for Cross-Border Financial Services

05/12/2018

The MAS proposes that Singapore regulated entities no longer be required to seek approval before commencing business arrangements with foreign related companies.

Capital / Liquidity

Asset Quality Worsening at Bangladesh’s Banks – Moody’s

05/12/2018

Asset quality in the banking system is deteriorating due to governance weaknesses, with banks dipping into their core capital due to non-payment of loans.

Market Infrastructure

CBIRC Issues Rules for Banks on Wealth Management Subsidiaries

04/12/2018

Wealth management subsidiaries set up by commercial banks can directly invest funds from wealth management products into the stock market.

Securities / Derivatives

CSRC Approves UBS Majority Control of China Securities JV

04/12/2018

UBS will become the first foreign financial institution to take a controlling stake in a China-based securities joint venture, having now received formal approval from the CSRC.

Market Infrastructure

MAS to Co-Fund Financial Sector Efforts to Develop Local Cyber Capabilities

04/12/2018

The MAS will support financial institutions that establish global or regional cybersecurity centres in Singapore, or run key cybersecurity functions from the city to develop local capabilities.

Securities / Derivatives

China Eases Restrictions on Index Futures Trading

04/12/2018

The CFFEX has lowered margin requirements and trading costs on stock index futures, while also raising the daily trading limit on individual futures products.editors

Market Infrastructure

Bursa Malaysia to Implement T+2 by Q2 2019

03/12/2018

The bourse said the move to a shorter settlement cycle will improve operational efficiency, reduce counterparty risk and improve the competitiveness of Malaysia’s capital market.