Trading & Investment

Malaysia Introduces Capital Market Competency Guidelines

10/07/2017

Malaysian regulators aim to improve the competitiveness of the domestic capital markets by enhancing the soft and hard skills and professional ability of local banking executives.

Resolution & Recovery

HK Beats Singapore to Resolution Regime

10/07/2017

HKMA narrowly outpaces Singapore rival to enacting regime; becomes lead resolution body with responsibility for securities and insurance as well as banking.

Market Abuse

China Regulators Target ‘Rat’ Traders

10/07/2017

Ministry of Public Security says it has uncovered 80 cases of the form of insider trading since 2014. CSRC to use big data as it continues crackdown.

Credit Risk

Australian Bank Reacts to Regulatory Clampdown on Consumer Debt

07/07/2017

Move by banking unit of country’s largest financial group to stop mortgages being used for personal use expected to be followed by other lenders.

Market Abuse

US Regulators Flex Muscles in Asia

06/07/2017

Grip could be set to get even tighter if DOJ proposals on accessing documents, expanding AML predicates are implemented.

Resolution & Recovery

MAS Takes Next Step Towards Increased Powers

06/07/2017

Bill would allow regulator to compel firms to prepare recovery plans, enforce mandatory bail-ins for failing institutions.

Liquidity Risk

New BSP Chief Eyes Cut to One of World’s Highest RRRs

06/07/2017

Philippine banks currently have to keep 20% in reserve; liquidity requirements were eased earlier this year.

Market Abuse

ASIC – No Plans for Research Unbundling

06/07/2017

Regulator issues consultation on conflicts of interest, non-public information in sell-side research.

Credit Risk

Korea Increases Efforts to Cut Back Consumer Debt

06/07/2017

Second-tier lenders required to increase loan-loss provisions by 50%; maximum mortgage LTV/debt-income ratios cut to 60%/50%.