Fintech / Regtech

Malaysia Issues Policy Standards for Open Data APIs

08/01/2019

A new central bank policy document outlines recommendations for financial institutions developing and publishing Open Data APIs.

Securities / Derivatives

SEBI Instructs Brokers, Depository Participants to Report on AI, ML Systems

07/01/2019

Stock brokers and depository participants will have to report information on systems based on artificial intelligence and machine learning.

Capital / Liquidity

PBOC Announces First Reserve Requirement Cut of 2019

07/01/2019

A 100 basis point RRR cut will be implemented in two phases this month, releasing $218bn of liquidity into the banking system.

Market Infrastructure

UPDATED – Losses from Bank Fraud Up 72 Percent – RBI

07/01/2019

According to RBI data, the higher losses are in large part due to increasing cybercrime as well as the Punjab National Bank scandal in February 2018.

Capital / Liquidity

Philippine Banking System Stable Despite Outside Challenges

07/01/2019

The Philippine banking system “remained robust and continued to exhibit strong capital position and sustained growth in core earnings”, says BSP deputy governor Chuchi Fonacier.

Securities / Derivatives

Hong Kong SFC Launches New Online Submission Portal

07/01/2019

All functions and submission services available on the existing SFC Online Portal will be migrated to the new platform in phases.

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.