Trading & Investment

China to Open Stock Index Futures to Foreign Investors

04/04/2019

Overseas investors may get access to mainland stock index futures under the QFII and RQFII programmes. No details revealed about quota arrangements.

Capital Adequacy

Malaysia Issues Draft Policy Framework for D-SIBs

04/04/2019

The draft policy framework sets out a proposed assessment methodology to identify D-SIBs in Malaysia and the applicable HLA and reporting requirements.

Credit Risk

RBI Large Exposures Framework Takes Effect

04/04/2019

The RBI has issued a notice on its large exposures framework, which is now in effect, clarifying that non-cleared derivatives will be considered outside its remit for another year.

Conduct, Culture & Accountability

Australia Budget Delivers Additional Funding for APRA, ASIC

04/04/2019

APRA and ASIC will get more than A$550mn in funding to enhance their effectiveness in addressing financial sector misconduct.

Structural Regulation

APRA Consults on Financial Sector Shareholdings Rules

03/04/2019

The proposed rules set out the matters that must be considered in determining if a person is “fit and proper” to own 20% or more in an ADI, life insurer or general insurer.

Trading & Investment

Bloomberg Begins Including China Bonds in Flagship Index

03/04/2019

The index inclusion will draw more liquidity into China’s onshore bond market and potentially spur more policy measures to further open up the market.

Conduct, Culture & Accountability

Behavioural Insights Can Help Regulators Protect Investors – IOSCO

03/04/2019

The report provides guidance to help regulators better understand the behaviour of retail investors in making financial investment decisions to aid in policy development.

Cloud & Infrastructure

APRA to Implement New Data Reporting System in March 2020

03/04/2019

APRA says in its initial implementation plan that entities must start ensuring their readiness for the new system now, as there is only a one year timeline for implementation.

Anti-Money Laundering

FMA Monitoring Report Reveals Multiple AML/CFT Deficiencies

02/04/2019

New Zealand’s Financial Markets Authority has released a report highlighting failures in reporting entities’ AML/CFT programmes, risk assessments and customer due diligence.