Clearing & Post-Trade

India Allows Cash as Collateral for GIFT City Trading

23/02/2018

Foreign securities and gold also eligible, but cash and cash equivalents will need to form 50 percent of total liquid assets at all times.

Trading & Investment

Indian Exchanges to Launch Cross-Currency Derivatives

22/02/2018

BSE and NSE can launch cross-currency futures and options in the euro, pound and yen, against the dollar and rupee.

KYC & CDD

Indonesian Banks Start AEOI Registration to Report Customer Data

22/02/2018

Indonesian banks, regulators and financial infrastructure firms invited to register with the tax office under AEOI norms.

Trading & Investment

Singapore to Shift OTC Derivatives to Organised Markets

22/02/2018

The trading obligations would apply to banks with gross notional outstanding OTC derivatives exceeding SGD20 billion.

Supervision & Enforcement

CBRC to Name-and-Shame Banking Wrongdoers

22/02/2018

Banking regulator seeks to send a warning to financial institutions of the consequences of misbehaving

Structural Regulation

Chinese Exchanges to Acquire Stake in Bangladeshi Bourse

21/02/2018

Shanghai, Shenzhen exchanges have outbid India’s NSE to buy 25% of Dhaka Stock Exchange.

Capital Adequacy

APRA Capital Framework Revisions Credit Positive for Banks – Moody’s

20/02/2018

Higher risk weightings for higher-risk residential mortgages will improve the alignment of capital to risk and better reflect their sensitivity to economic cycles, says Moody’s.

Liquidity Risk

BSP Cuts Reserve Requirement for Philippine Banks

17/02/2018

The 100 basis point RRR reduction is expected to free up PHP90 billion of liquidity in the financial system.

Conduct, Culture & Accountability

SFC Raises Standards for Client Facilitation Trades

17/02/2018

Client facilitation traders must be segregated from agency traders to protect client information and avoid conflicts of interest.