Clearing & Post-Trade

Asia-Pacific Buyside Firms Unprepared for OTC Derivatives Regulations, Says GreySpark Partners Survey

08/04/2014

Asia-Pacific buyside firms are largely unprepared for the future complexity of OTC derivatives central clearing regulations in the region, said a new report.

Clearing & Post-Trade

Singapore Exchange Launches Clearing of Non-Deliverable Interest Rate Swaps

07/04/2014

Singapore Exchange has launched the clearing of Non-Deliverable Interest Rate Swaps in Malaysian Ringgit and Thai Baht.

Emerging Prudential Risks

Australian Prudential Regulator Seeks More Flexibility in Regulatory Function

07/04/2014

The Australian Prudential Regulation Authority seeks increased independence from the government or parliament to effectively regulate the banking, superannuation and life insurance industries.

Credit Risk

Philippine Central Bank Eyes Conduits in Banks’ Loans to SMEs

07/04/2014

Philippine regulators plan to establish conduits that can help banks comply with mandatory lending rules to small businesses.

Trading & Investment

China Regulator Allows Shenzhen IPO Hopefuls Explore Shanghai Listing

04/04/2014

The China Securities Regulatory Commission is allowing companies with application to go public on the Shenzhen board to explore a Shanghai listing.

Payments & Settlements

Taiwan Regulator Allows Use of Dual-Currency Credit Cards

04/04/2014

The Financial Supervisory Commission has relaxed rules on credit card use, allowing banks to issue dual-currency credit cards to clients.

Credit Risk

Basel Committee Finalises Counterparty Credit Risk Exposure Method

04/04/2014

The Basel Committee has finalised a new approach for measuring counterparty credit-risk exposures.

Trading & Investment

HKEx, China Bourse in Talks on Mutual Market Access

03/04/2014

Hong Kong Exchanges & Clearing said it is in talks to boost cooperation with mainland counterparts on mutual access, but no agreement has been reached.

Anti-Money Laundering

Australian Banks Seek to Widen Money Laundering Net

03/04/2014

Justice Minister Michael Keenan has assured banks that they will not be “overregulated” despite tougher laws to counter money laundering and terror financing.