AML / KYC

Indonesian Banks Start AEOI Registration to Report Customer Data

22/02/2018

Indonesian banks, regulators and financial infrastructure firms invited to register with the tax office under AEOI norms.

Market Infrastructure

Singapore to Shift OTC Derivatives to Organised Markets

22/02/2018

The trading obligations would apply to banks with gross notional outstanding OTC derivatives exceeding SGD20 billion.

Enforcement

CBRC to Name-and-Shame Banking Wrongdoers

22/02/2018

Banking regulator seeks to send a warning to financial institutions of the consequences of misbehaving

Market Infrastructure

Chinese Exchanges to Acquire Stake in Bangladeshi Bourse

21/02/2018

Shanghai, Shenzhen exchanges have outbid India’s NSE to buy 25% of Dhaka Stock Exchange.

Capital / Liquidity

APRA Capital Framework Revisions Credit Positive for Banks – Moody’s

20/02/2018

Higher risk weightings for higher-risk residential mortgages will improve the alignment of capital to risk and better reflect their sensitivity to economic cycles, says Moody’s.

Capital / Liquidity

BSP Cuts Reserve Requirement for Philippine Banks

17/02/2018

The 100 basis point RRR reduction is expected to free up PHP90 billion of liquidity in the financial system.

Securities / Derivatives

SFC Raises Standards for Client Facilitation Trades

17/02/2018

Client facilitation traders must be segregated from agency traders to protect client information and avoid conflicts of interest.

Market Infrastructure

SEC Blocks China-linked Acquisition of Chicago Exchange

17/02/2018

US regulator says deal didn’t comply with rules governing stock exchange ownership, lacked transparency on source of funds and relationships among investors.

Capital / Liquidity

Myanmar Banks Under Pressure to Rein in Overdraft Lending

16/02/2018

Banks say businesses rely on overdraft loans for working capital, particularly during economic weakness.