MAS Announces Domestic Systematically Important Banks, Publishes Framework

01/05/2015

The Monetary Authority of Singapore has published its framework for identifying and supervising domestic systemically important banks in Singapore including the inaugural list of D-SIBs.

China’s RMB Back to Fifth Place in Global Payment Rankings, SWIFT Says

30/04/2015

China’s renminbi reclaimed its position as the fifth largest payment currency in the world after slipping to seventh in February in a sign that more companies boosted their investment in China assets.

Hong Kong in Talks with Taiwan on Potential Cross-Border Stock Link

30/04/2015

Hong Kong’s stock exchange is exploring the possibility of opening direct stock trade links with Taiwan, says its chairman, adding that it held initial talks with Taipei about a potential cross-border share trade.

Securities / Derivatives

ESMA Announces Third Country CCP Recognition for Asia

29/04/2015

ESMA announces recognition of ten third-country CCPs established in Australia, Hong Kong, Japan and Singapore.

China’s PBOC Eyes Launch of Credit-Easing Plan

29/04/2015

China’s central bank plans to launch in the next couple of months a credit-easing program that will allow local banks to swap local government bailout bonds for loans as a way to bolster liquidity and boost lending.

Local Exchanges Listing in India Faces Delay Ahead of SEBI-FMC Merger

29/04/2015

A plan to merge India’s capital market watchdog with the country’s commodity market regulator could put the listing of local exchanges such as the Bombay Stock Exchange on hold for at least six months.

Australian Government Debt Rating to Impact Banks

28/04/2015

Australia’s Financial System Inquiry has urged local banks to boost their capital position amid risk that the federal government could lose its triple-A credit rating.

Hong Kong’s HKMA Likely to Face Tough Challenge in HSBC’s Planned Move

28/04/2015

Hong Kong’s de facto central bank may have to scale up its regulatory operations should British banking firm HSBC decide to relocate its headquarters in the city.

India’s New Loan Provisioning to Increase Lending Costs

26/04/2015

Indian banks’ lending-related costs could rise by 20% following a recent rule that require banks to make bigger provisions for restructured debt.