
Regulation Asia relies on a team of journalists, writers and editors to cover regulatory announcements across Asia Pacific. editorial@regulationasia.com
AI Risk & Governance
India Eyes Introduction of Sandbox Policy to Boost Capital Markets Innovation
24/12/2018
SEBI is examining whether legislative changes are required for the sandbox, as it seeks to enable the use of machine learning, artificial intelligence and blockchain in capital markets.
Liquidity Risk
PBOC to Penalise Delayed Reserve Requirement Deposits
24/12/2018
The PBOC will boost oversight mechanisms, improve checks and impose penalties to prevent financial institutions’ reserves at the central bank from falling below statutory requirements.
Structural Regulation
ISDA Releases Final Report on Benchmark Fallbacks Consultation
24/12/2018
ISDA will proceed to develop fallbacks based on the ‘compounded setting in arrears rate’ and the ‘historical mean/median approach to the spread adjustment’.
Structural Regulation
S. Korea to Accept Internet-Only Bank Applicants in March
24/12/2018
Two new internet banks will be granted preliminary regulatory approval by May, allowing them to provide loans to consumers, households and SMEs, but not to corporates.
Clearing & Post-Trade
LSEG Technology Announces New Post-Trade Functionality at SGX
24/12/2018
The new settlement and depository system enables SGX and market participants to align to global market practices, messaging standardisation and T+2 settlement.
Clearing & Post-Trade
KRX May Face CFTC Penalty for Violating CCP Rules – Report
21/12/2018
Korean media reports indicate the CFTC may take action against KRX as early as this month in response to its failures to comply with regulations for CCPs.
Capital Adequacy
India Seeks Parliamentary Approval to Infuse More Capital into Banks
21/12/2018
The government plans to pump $11.8 billion into public sector banks to raise them out of the RBI’s PCA framework and increase the banking system’s lending capacity.
Conduct, Culture & Accountability
Licensees Should Avoid Employee Allocations in Equity Raising – ASIC
21/12/2018
Following a review of allocations practices in equity raising transactions, ASIC said allocations to employees should be avoided as they can present conflicts of interest.
Market Risk
S. Korea to Adopt IRRBB Standards in Mid-2019
21/12/2018
The FSS plans to revise banking supervision bylaws during Q1 2019, with implementation of IRRBB at domestic banks expected in mid-2019.
Payments & Settlements
All SWIFT Banks to Adopt gpi Payments by End-2020
20/12/2018
Over half of SWIFT’s cross border traffic now goes through as gpi payments, with full adoption by its 10,000 member banks expected by end-2020.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.