Capital / Liquidity

RBI Proposes New Classification Norms for Bank Investments

14/01/2022

The RBI proposes to divide banks’ investment portfolios into three categories – held-to-maturity, available for sale, and fair value through profit and loss account.

Big Picture

IOSCO Outlines Pandemic Lessons on Operational Resilience

14/01/2022

The pandemic highlighted that greater automation of compliance and supervisory processes may better accommodate a remote workforce.

Mizuho Set to Formalise New Leadership to Address System Issues

14/01/2022

On Tuesday, Mizuho suffered its 10th system failure since February 2021, with business customers unable to access online banking for more than 3 hours that morning.

ESG / Sustainability

TAIFEX to Add More Mini Contracts, Night Products in 2022

13/01/2022

TAIFEX will also replace its older trading system equipment by Q4 2022 to improve trading efficiency, market capacity and service delivery.

Capital / Liquidity

FSC Korea Issues New Rules for Mutual Finance Companies

13/01/2022

The rules will limit lending to the real estate and construction sectors and require mutual finance companies to maintain a minimum liquidity ratio based on firm size.

Crypto / Digital Assets

BIS, SNB, SIX Complete wCBDC Integration Test with Bank Systems

13/01/2022

In the second phase of Project Helvetia, a wholesale CBDC was used to test settlement of interbank, monetary policy and cross-border transactions with banking systems.

AML / KYC

OFAC Fines HK Unit of Japanese Conglomerate Sojitz

13/01/2022

Trading in Iran-origin goods was carried out without the knowledge of senior management by employees who omitted information from documentation.

ESG / Sustainability

SGX to Launch Battery Metal Futures in H1 2022

12/01/2022

Futures contracts in cobalt metal, cobalt hydroxide, lithium carbonate and lithium hydroxide will be launched subject to regulatory approval.

Securities / Derivatives

HKEX, SZSE Expand Capital Markets Cooperation Agreement

12/01/2022

HKEX and SZSE will conduct joint forums and workshops, and take part in reciprocal short-term training and secondment programmes for their employees.