Credit Risk

Asian Firms Face IFRS 9 Implementation Hurdles, says Wolters Kluwer

24/09/2015

Wolters Kluwer Financial Services has found that 66 percent of Asia-Pacific financial institutions haven’t yet commenced implementing the latest set of international accounting standards known as IFRS 9.

Alternative Markets

Thai Asset Managers to Offer Hedge Funds Next Year

24/09/2015

Thailand’s Securities and Exchange Commission is drafting rules to allow Thai asset management companies to offer hedge funds locally.

Credit Risk

SEBI to Enhance Disclosures by Credit Rating Agencies

23/09/2015

Plan to implement a mechanism for prompt and proper disclosures of changes to credit ratings of listed firms, in a bid to safeguard investor interests.

Clearing & Post-Trade

Japan Clearing Corp Seeks CFTC Clearing Exemption

23/09/2015

The U.S. Commodity Futures Trading Commission is seeking public comment on a petition by Japan Securities Clearing Corporation for exemption from registration as a derivatives clearing organisation.

Liquidity Risk

China Targets Higher Bank Liquidity Coverage Ratio

23/09/2015

CRBC announces it will implement revised measures on commercial bank liquidity risk management, effective from October 1, 2015.

Anti-Money Laundering

Bank of Queensland Investigated by ASIC over Compliance Failures

23/09/2015

The Australian Securities and Investment Commission has concerns over its risk management and compliance systems.

Conduct, Culture & Accountability

India Consults on New Measures to Curb Misselling

22/09/2015

India’s government and various regulators are consulting the public on newly proposed recommendations by a high-level government committee to curb misselling of financial products.

Cryptocurrency

ASIC Sees Opportunities with Blockchain Technology

21/09/2015

Australian Securities and Investment Commission chairman Greg Medcraft says the emergence of blockchain technology has the potential to change the existing financial system.

Capital Adequacy

Japan FSA Urges Banks to Enhance Crisis Readiness

21/09/2015

New guidelines call on banks to assess the impact of potential financial crises and to build up capital for such events.