Capital / Liquidity

NSFR Pushes Singapore Banks to Prioritise Long-term Funding

20/07/2017

NSFR requires locally-based D-SIBS to have customer deposits, long-term wholesale funding and equity sufficient to cover extended period of market stress.

AML / KYC

HK’s New Financial Services Chief Advocates Centralised KYC Registry

19/07/2017

Top official says updated ID cards with greater security could be used as basis of the centralised KYC; boost Hong Kong’s status in fintech.

Capital / Liquidity

APRA Sets out Vision for ‘Unquestionably Strong’ Banking System

19/07/2017

APRA says ‘unquestionably strong’ means a CET1 capital adequacy ratio of 10.5% ; some lenders expected to require 150bp increase.

Capital / Liquidity

Singapore Market Infrastructure Regime Gains CPMI/IOSCO Approval

18/07/2017

Peer review finds MAS meets all but one of 24 principles designed to shore up systemically important market infrastructure including central counterparties.

AML / KYC

India Could Bring Bitcoin Regulation Under SEBI

18/07/2017

Despite earlier talk of blanket ban, panel set up in April close to agreeing model which would give bitcoin similar status to a commodity.

Capital / Liquidity

PBOC to Ramp Up Regulatory Oversight

17/07/2017

Increased oversight by central bank may have put paid to talk of super regulator; regulators could be found guilty of […]

Market Infrastructure

Emerging Asian Markets Suffer Shutdowns, Cyberattacks

17/07/2017

Exchanges in India and Indonesia suffer outages, citing ‘technical issues’; brokers connected to Bursa Malaysia report spate of cyberattacks on two separate days.

Market Infrastructure

China Exchanges Eye Financial Infrastructure ‘Belt and Road’

17/07/2017

SSE, CFFEX meetings to discuss stake in CSE (Chittagong Stock Exchange) follows their participation in consortium which bought 30% of Pakistan bourse.

AML / KYC

AUSTRAC Warns on Fraud, Money Laundering via Stock, Derivatives Markets

13/07/2017

Fraud, money laundering more prevalent than even insider trading or market manipulation, Centre suggests; only 40% of market participants filed suspicious matter reports over 2-year period.