Securities / Derivatives

Indonesia Scraps Margin Call Requirement for Options

04/05/2018

OJK amended rules for trading in options, doing away with the 10% margin call requirement. The move is expected to stop the flow of options trading to other markets that don’t have the requirement.

Capital / Liquidity

CBA Ordered to Boost Capital Until Governance Improves

02/05/2018

Prudential inquiry reveals widespread complacency, inadequate risk management, unclear executive level accountabilities, among other failings at the bank.

Market Infrastructure

Singapore to Mandate Central Clearing of OTC Derivatives

02/05/2018

Mandatory clearing to apply to SGD and USD fixed-floating interest rate swaps; applicable to banks with OTC derivatives exceeding SGD20 bn.

Securities / Derivatives

PBOC Announces Stricter Asset Management Rules

02/05/2018

New rules include leverage limits, a ban on implicit guarantees, risk reserve provisioning amounting to 10% of management fees; transition period for full compliance to last until end-2020.

Market Infrastructure

SEBI Extends Deadline for Monitoring Foreign Investment Limits

02/05/2018

Extension to give listed companies more time to provide data to depositories on foreign investment; data to enable daily calculation of foreign investment in listed companies.

Big Picture

Moody’s Places HK Banks on Review for Upgrade

01/05/2018

Hong Kong legislation enables authorities to achieve orderly resolution in the event of a bank failure and provides clarity on the effect on depositors and other creditors.

Enforcement

Chinese Exchanges Toughen ‘Abnormal Trade’ Monitoring

01/05/2018

SZSE and SSE have strengthened rules for member firms on monitoring key accounts for abnormal trading and market manipulation.

Securities / Derivatives

China Securities Regulator Encourages Rental Property Securitisation

28/04/2018

CSRC says rental asset-backed REITs will allow property developers to raise funds, reduce leverage and diversify investment options.

Securities / Derivatives

Indian Exchanges Enable Retail Investment in Gov’t Securities

27/04/2018

BSE and NSE have launched online platforms for retail investors to participate in weekly RBI auctions for government securities and treasury bills.