Securities / Derivatives

China Enables Bond Market Access Through Bloomberg Terminal

03/12/2018

The PBOC says preparatory work has been completed to enable international investors’ access to China’s interbank bond market, via Bond Connect, through Bloomberg terminals.

Fintech / Regtech

TransUnion Online Service Suspended in Hong Kong – Reports

03/12/2018

The HKMA and privacy commissioner have demanded security improvements after reporters were able to access top officials’ credit reports through TransUnion’s online service.

AML / KYC

Philippine Central Bank Updates Rules on KYC, AML

03/12/2018

The BSP will require financial institutions to collect customers’ unique ‘PhilSys’ ID numbers, and allow the use of technology to capture and record personal data.

Securities / Derivatives

RBI Announces Phasing-In of LEI for Non-Derivatives Markets

30/11/2018

Entities transacting in government securities, money markets and non-derivative forex markets will be required to have LEI codes, starting with larger firms in April 2019.

Capital / Liquidity

India Eases Asset Securitisation Norms to Help Non-Bank Liquidity

30/11/2018

The RBI has reduced the holding time required for loans with maturities of over 5 years before they can be securitised.

Capital / Liquidity

China Consults on Revision of Rules Governing Foreign Banks

30/11/2018

CBIRC proposes more stringent supervision of foreign banks to improve “risk resilience” and customer protection, following the release of measures to further open up the banking industry.

Capital / Liquidity

India to Implement NSFR from April 2020

30/11/2018

The Net Stable Funding Ratio will apply to Indian banks on both a stand-alone and consolidated basis, and foreign banks on a stand-alone basis.

AML / KYC

Singapore Pushes Data Analytics, Collaboration to Counter Financial Crime

30/11/2018

A new report by Singapore’s AML/CFT Industry Partnership identifies key weaknesses of current approaches that can be addressed with data analytics and greater industry collaboration.

Securities / Derivatives

ASX Consults on Changes to Listing Rules

29/11/2018

The proposals aim to improve market disclosures, simplify the listing rules, increase efficiency in the listing process, and enhance ASX’s powers to monitor and enforce compliance, among other changes.