Alternative Markets

SFC Identifies Best Practices for Alternative Liquidity Pools

10/04/2018

ALP operator guidelines should include third-party order routing and information about prioritisation for orders simultaneously posted to exchanges; all ALP users should be qualified investors.

Capital Adequacy

Philippine Bank Profits Insufficient to Support Asset Growth – Moody’s

09/04/2018

Moody’s says loan growth outpaces capital growth at Philippine banks as strong macroeconomic conditions increase credit demand; banks require external capital raising to improve capital ratios.

Liquidity Risk

Indonesia to Boost Bank Lending Through “Flexible” Credit, Liquidity Rules

09/04/2018

New rules reduce reserve requirements, simplify foreign currency deposit rules and allow banks to use their liquidity buffers to raise funding in repo transactions.

Credit Risk

Moody’s Upgrades Vietnamese Banks on Improved Asset Quality

09/04/2018

Asia Commercial Bank shows improvement since imprisonment of former vice chairman for fraud, tax evasion and illegal trade.

Structural Regulation

Bursa Malaysia Enhances Collective Investment Rules

07/04/2018

Unit holder protections, corporate governance, disclosure quality to be enhanced; applicable to REITs, ETFs, closed-end funds.

Trading & Investment

IOSCO Issues Corporate Bond Transparency Recommendations

07/04/2018

Better access to information will aid regulator functions, enhance cross-border information sharing, enable better informed investment decisions, boost market liquidity.

Structural Regulation

ASIC Updates Client Money Guidance as New Restrictions Take Effect

06/04/2018

Licensees may not use OTC derivative client money for own obligations, working capital; new reporting requirements to increase transparency on client money use.

Anti-Bribery & Corruption

FSS Confirms Former Chief’s Role in Hana Bank Hiring Scandal

06/04/2018

Hana Financial Group chairman and KEB Hana Bank president also tied to illegal hiring of 32 employees in 2013.

Conduct, Culture & Accountability

Executive Remuneration Practices Need Improvement – APRA

05/04/2018

APRA review of executive remuneration frameworks at twelve financial institutions found remuneration structures do not encourage behaviour focused on risk management or long-term financial soundness.