Capital / Liquidity

China: Big Four Banks Report 50pc Increase in Property NPLs

11/09/2022

Beyond the more than 50 percent increase in bad property loans year-on-year, the banks are also seeing weaker loan demand from corporate and retail clients.

ESG / Sustainability

Thailand Publishes CFA’s ESG Disclosure Guidelines for Local Use

09/09/2022

SEC secretary-general Ruenvadee Suwanmongkol said the guidelines would enhance ESG disclosures, improve capital markets, and mitigate greenwashing.

Securities / Derivatives

NZ FMA Concerned Over Retail Involvement in Stock Lending

09/09/2022

The FMA says investors should make sure the risks and returns are properly explained before they allow their shares to be lent out.

Australia to Reverse Regulations for Litigation Funders

09/09/2022

Litigation funding schemes will regain exemptions from requirements to hold an AFS licence and be subject to the same regulations as managed investment schemes.

Capital / Liquidity

Korea FSS Conducting Daily Checks on Bank FX Liquidity

09/09/2022

While foreign currency liquidity levels at local banks have remained high, the FSS wants to be able to detect signs of a future liquidity shortage early.

HKMA Launches Online Resource for Aspiring Bankers

08/09/2022

The new platform, Banking GPS, provides information on major bank functions and job openings, tips on job-hunting, and experience sharing from practitioners.

Securities / Derivatives

CPMI, IOSCO Consider Ways to Boost Client Clearing Access

08/09/2022

Practices to facilitate porting need to be further developed to ensure clients can continue to access clearing in the event of an intermediary default.

Securities / Derivatives

FSC Korea to Revise Rules for Issuing Convertible Preference Shares

08/09/2022

The revisions follow rule changes made last year to prevent convertible bonds from being used to unfairly dilute small shareholders.

Crypto / Digital Assets

Australia Clarifies Crypto is Not Taxed as Foreign Currency

08/09/2022

The proposed legislation removes uncertainty regarding whether Bitcoin may be treated as a ‘foreign currency’ for income tax purposes.