Anti-Money Laundering

Singapore Releases Report on Money Laundering and Terrorist Financing

13/01/2014

A Singapore government-wide National Risk Assessment (NRA) exercise over two years has found in many sectors a robust regime to combat money laundering and terrorist financing.

Capital Adequacy

Basel Committee Soften Leverage Ratio Requirements

13/01/2014

After pressure from banks, the Basel Committee for Banking Supervision has softened their requirements for calculation of a banks’ leverage ratio.

Structural Regulation

Five Chinese Firms Postpone IPOs as Regulator Tightens Supervision

13/01/2014

Five Chinese firms announced on Monday that they had postponed their initial public offerings (IPOs) after China’s stock regulator said overnight it would strengthen its supervision of IPOs.

Credit Risk

PBOC and CBRC Issue Further Regulation on Credit Asset Backed Securities

11/01/2014

The People’s Bank of China (PBC) and the China Banking Regulatory Commission (CBRC) jointly announced further regulation to better manage risks associated with credit asset backed securities.

Supervision & Enforcement

Japan and Mongolia to Strengthen Cooperation

10/01/2014

Japan and Mongolia exchange letters with aim of sharing expertise and experience.

Trading & Investment

Regulation Must Keep Pace with Changing Dynamics of Commodities Market

09/01/2014

The high and volatile global commodity prices have posed considerable challenges to the domestic monetary policy in several commodity importing countries.

Emerging Prudential Risks

Regulators to Identify Further ‘Systematically Important’ Financial Institutions

09/01/2014

Regulators are looking to complement their existing ‘too big too fail’ financial organizations with those from the non-bank, non-insurance sector.

Structural Regulation

China Eyes New Privately Financed Banks

07/01/2014

Up to five private banks will be created in China this year as it aims to open up the financial sector and raise competition in the industry. The banks will be allowed to operate on a trial basis under the supervision of Chinese banking authorities.

Resolution & Recovery

HK Consultation on Establishing Resolution Regime for Financial Institutions

07/01/2014

Hong Kong Government and regulators have launched the first stage of a public consultation on establishing an effective resolution regime for financial institutions, including financial market infrastructures.