Resolution & Recovery

PBOC Seeks Acceleration of TLAC Implementation at China’s G-SIBs

08/11/2018

The central bank said China might implement the TLAC framework earlier than 2025 because the country’s ratio of credit bonds to GDP may exceed the 55% trigger set by the FSB.

Trading & Investment

CSRC Addresses Lengthy Stock Suspensions in New Guidance

07/11/2018

China’s listed companies have historically used trading halts to prevent stock price declines during market stress, preventing investors from selling for long periods of time.

Fraud, Scams & Cybercrime

Thailand to Combat Tax Evasion with Blockchain, Machine Learning

07/11/2018

Thailand will use blockchain and machine learning to crack down on tax evasion, according to director-general of the tax department, Ekniti Nitithanprapas.

Cybersecurity

APRA Finalises Standards on Information Security Management

07/11/2018

The prudential standard is aimed at boosting the resilience of APRA-regulated entities and ensuring their ability to respond to breaches swiftly and effectively.

Market Abuse

S. Korea Probes JPMorgan, Citibank in Unresolved Rate Rigging Cases

06/11/2018

JPMorgan and Citibank are still being investigated in an ongoing price manipulation probe by the Fair Trade Commission and FSS which dates back to 2011, reports local media.

Cryptocurrency

Malaysia Budget 2019 Targets Tech in Capital Market Measures

05/11/2018

Measures include new regulatory framework for cryptocurrencies, and a new fund to be invested via ECF and P2P platforms alongside private investors, among others.

Liquidity Risk

China’s Listed Companies Receive Support from Brokers

05/11/2018

Eleven brokerages have contributed $3.7bn to help listed companies facing liquidity issues, while a new programme is launched to support corporate bond issuances.

Emerging Prudential Risks

Financial Stability Risks Remain Under Control – PBOC

05/11/2018

PBOC Financial Stability Report says new rules will be unveiled in the first half of 2019 aimed at boosting regulatory oversight over financial holding groups.

Credit Risk

RBI Permits Banks to Provide Credit Enhancements to NBFC Bonds

05/11/2018

Banks can act as partial credit guarantors on bonds issued by NBFCs and HFCs to refinance existing debt, enhancing their credit ratings and making them more attractive to investors.