Structural Regulation

Singapore Exchange Sets Minimum Trading Price for Stocks

17/09/2014

Singapore Exchange Ltd plans to introduce a minimum trading price requirement to enhance the securities market and curb excessive market speculation.

Structural Regulation

Australia, Singapore Agree on Access to OTC Derivatives Data

17/09/2014

The Australian Securities and Investments Commission and the Monetary Authority of Singapore is giving each other access to relevant data from trade repositories licensed in either markets under new agreement.

Capital Adequacy

Australia’s Regulator Urges G20 to Tackle Big Bank Risks

17/09/2014

Australia’s new chief banking regulator has urged the G20 nations to continue to work on reducing risks of large banks’ failures, citing the need to strengthen current risk-based regime and boost banks’ capacity to absorb losses.

Capital Adequacy

Indian Banks Need Over $200 Billion for Basel III Compliance, Says Fitch

17/09/2014

Indian banks will need more than $200 billion to meet Basel III international banking norms by March 2019, said Fitch Ratings.

Credit Risk

IOSCO Issues New Risk Mitigation Standards for Non-Central OTC

16/09/2014

The International Organization of Securities Commissions is seeking industry views on the new risk management standards for the non-centrally cleared over-the-counter derivatives market.

Structural Regulation

Australian Regulator Grants First Trade Repository Licence

16/09/2014

Australian Securities and Investments Commission has granted an Australian derivative trade repository licence to DTCC Derivatives Repository (Singapore) Pte Ltd (DDRS), the first licence of its kind in the country.

Payments & Settlements

Hong Kong Lobbies Beijing to Lift Cap on Yuan Conversion

15/09/2014

The Hong Kong Monetary Authority has asked Beijing to lift the cap on the amount of yuan local residents can convert as part efforts by the city’s de facto central bank to boost the amount of mainland currency in the system ahead of the Stock Connect scheme with Shanghai next month.

Resolution & Recovery

Hong Kong to Enhance Protection for Bank Depositors

14/09/2014

Hong Kong regulators are seeking industry views on recommendations to improve a scheme that provides a financial safety net for depositors in the event of a banking crisis.

Credit Risk

Bad Debts Weigh on Vietnam Banks

12/09/2014

The increasingly high number of businesses that were dissolved in the first seven months of the year has weighed on operations of local banks, raising lenders’ bad debt ratio in the period.