Crypto / Digital Assets

Australia Solicits Comments on Regulatory Framework for ICOs

06/02/2019

A bespoke framework for ICOs can provide regulatory clarity and encourage economic activity, but the costs and benefits must be weighed, says a paper from Australia’s Treasury.

BSP Eases Licensing for Banks Seeking Special Authorities

06/02/2019

Business decisions made largely as part of managing regular operations will no longer require the BSP’s approval.

Capital / Liquidity

G-SIB Framework Meeting its Objectives – BCBS

06/02/2019

The analysis supports the view that the G-SIB framework is incentivising G-SIBs to become less systemically important. Non-GIBs are showing an increase in relative importance.

Big Picture

Non-bank Financial Intermediation Grows for Sixth Year – FSB 

06/02/2019

Leveraged finance markets have exceeded pre-crisis highs, attracting attention from regulators, with non-banks increasingly providing a large share of the financing.

Capital / Liquidity

Vietnam to Rank Domestic, Foreign Financial Institutions

05/02/2019

The rankings will be used to alert the central bank to risks at financial institutions in the interest of safeguarding the banking system and protect depositors.

Myanmar Allows 35pc Foreign Ownership in Local Banks

05/02/2019

Foreign funding will support growing demand for financing and help banks upgrade loan screening and data systems.

Fintech / Regtech

SEBI Directs Market Infrastructures to Disclose AI, ML Use

05/02/2019

Stock exchanges, clearing corporations, depositories required to disclose their use of artificial intelligence and machine learning starting from the current quarter.

Crypto / Digital Assets

Thailand Unveils Three-year Capital Market Development Plan

05/02/2019

The SET’s plan is aimed at broadening its investor base, scaling up digital transformation, widening access to mutual funds and streamlining regulatory processes.

AML / KYC

HKMA’s Regulatory Expectations of Remote Customer On-boarding

05/02/2019

Remote onboarding technology should be able to authenticate customer identities through document image acquisition and “incontrovertibly” link identities through biometrics.