Capital Adequacy

APRA Sets out Vision for ‘Unquestionably Strong’ Banking System

19/07/2017

APRA says ‘unquestionably strong’ means a CET1 capital adequacy ratio of 10.5% ; some lenders expected to require 150bp increase.

Structural Regulation

Singapore Market Infrastructure Regime Gains CPMI/IOSCO Approval

18/07/2017

Peer review finds MAS meets all but one of 24 principles designed to shore up systemically important market infrastructure including central counterparties.

Cryptocurrency

India Could Bring Bitcoin Regulation Under SEBI

18/07/2017

Despite earlier talk of blanket ban, panel set up in April close to agreeing model which would give bitcoin similar status to a commodity.

Emerging Prudential Risks

PBOC to Ramp Up Regulatory Oversight

17/07/2017

Increased oversight by central bank may have put paid to talk of super regulator; regulators could be found guilty of […]

Cybersecurity

Emerging Asian Markets Suffer Shutdowns, Cyberattacks

17/07/2017

Exchanges in India and Indonesia suffer outages, citing ‘technical issues’; brokers connected to Bursa Malaysia report spate of cyberattacks on two separate days.

Structural Regulation

China Exchanges Eye Financial Infrastructure ‘Belt and Road’

17/07/2017

SSE, CFFEX meetings to discuss stake in CSE (Chittagong Stock Exchange) follows their participation in consortium which bought 30% of Pakistan bourse.

Fraud, Scams & Cybercrime

AUSTRAC Warns on Fraud, Money Laundering via Stock, Derivatives Markets

13/07/2017

Fraud, money laundering more prevalent than even insider trading or market manipulation, Centre suggests; only 40% of market participants filed suspicious matter reports over 2-year period.

Anti-Money Laundering

Singapore Banker Gets 2nd Conviction for 1MDB-related Offences

13/07/2017

Former wealth manager at shuttered Singapore office of Swiss bank BSI to serve further two years for money laundering after witness tampering sentence ends.

Credit Risk

Bank Risks Under Control, Market Supervision to Intensify – China Regulators

13/07/2017

Senior banking regulator suggests number of illegal fundraisings has declined sharply; counterpart at CSRC says to continue crackdown on market malfeasance.