Trading & Investment

PBOC Expected to Allow Banks More Flexibility in Setting Rates – Report

08/01/2019

The central bank is expected to allow financial institutions greater flexibility in setting interest rates for loans and deposits in the year ahead.

Structural Regulation

Taiwan to Introduce Automatic Approval for Foreign Investments

08/01/2019

Pre-approval will mean that  most ordinary mergers and acquisitions, and start-ups originating from abroad will need to be reported only after the fact.

Cloud & Infrastructure

Malaysia Issues Policy Standards for Open Data APIs

08/01/2019

A new central bank policy document outlines recommendations for financial institutions developing and publishing Open Data APIs.

AI Risk & Governance

SEBI Instructs Brokers, Depository Participants to Report on AI, ML Systems

07/01/2019

Stock brokers and depository participants will have to report information on systems based on artificial intelligence and machine learning.

Liquidity Risk

PBOC Announces First Reserve Requirement Cut of 2019

07/01/2019

A 100 basis point RRR cut will be implemented in two phases this month, releasing $218bn of liquidity into the banking system.

Fraud, Scams & Cybercrime

UPDATED – Losses from Bank Fraud Up 72 Percent – RBI

07/01/2019

According to RBI data, the higher losses are in large part due to increasing cybercrime as well as the Punjab National Bank scandal in February 2018.

Capital Adequacy

Philippine Banking System Stable Despite Outside Challenges

07/01/2019

The Philippine banking system “remained robust and continued to exhibit strong capital position and sustained growth in core earnings”, says BSP deputy governor Chuchi Fonacier.

Structural Regulation

Hong Kong SFC Launches New Online Submission Portal

07/01/2019

All functions and submission services available on the existing SFC Online Portal will be migrated to the new platform in phases.

Trading & Investment

Technical Preparation for Shanghai-London Connect Completed

07/01/2019

The currency conversion system that delayed the launch of the Shanghai-London Stock Connect last month has now been completed.