Securities / Derivatives

HKEX Launches Public Repository on Issuer Board Diversity

30/04/2022

The centralised platform will make available data regarding each listed company’s board of directors – by age, gender and years of tenure.

Capital / Liquidity

RBI Updates LCR Guidance for Commercial Banks

30/04/2022

Banks can include government securities worth up to 16 percent of their NDTL in their LCR calculations, compared to 15 percent under earlier guidance.

BNM Proposes Rules for Hiring Insurance, Takaful Agents

30/04/2022

Insurers and takaful operators must undertake a due diligence process that includes reference checks with all of an agent’s current and former employers.

Market Infrastructure

CSRC Proposes to Tighten Rules on Cybersecurity Management

30/04/2022

Securities and futures firms will have to establish risk monitoring and early warning systems, and strengthen daily vulnerability scanning and security assessments.

ESG / Sustainability

Philippine SEC Implores Listed Firms to Improve Board Diversity

29/04/2022

The SEC said having women represented on the board is a good corporate governance practice and more listed companies should strive to achieve greater boardroom diversity.

Capital / Liquidity

Bangladesh Banks Warned Against Overly Generous Interest Waivers

29/04/2022

The central bank says some banks are waiving interest on loans too generously, a practice which could lead clients to lose interest in timely repayment.

ESG / Sustainability

FSB Issues Guidance for Regulators on Climate-related Risks

29/04/2022

The report offers recommendations for monitoring, managing and mitigating climate-related risks to promote consistent approaches across sectors and jurisdictions.

Fintech / Regtech

BNM Awards Digital Bank Licences to Five Applicants

29/04/2022

The licence winners include Axiata’s Boost Holdings, RHB Bank, Grab-Singtel’s GXS Bank, Kuok Brothers, Sea Limited, YTL Digital Capital, AEON, MoneyLion, and KAF Investment Bank.

HKMA Launches New Initiative to Address Banking Talent Gap

29/04/2022

The initiative is aimed at growing the banking sector talent pool in three areas, namely fintech, green and sustainable finance, and GBA business.