Trading & Investment

KRX to Temporarily Exempt Market Makers from Obligations

12/09/2021

KRX says the FSS warning of fines against nine market makers will hamper the functioning of the market making system for a while.

PEPs & Sanctions

Philippine SEC Disseminates Guidance on Targeted Financial Sanctions

12/09/2021

The guidance now covers targeted financial sanctions related to terrorism, terrorism financing, and proliferation financing, including remedies and relevant UNSC links.

Data Privacy

RBI Account Aggregator Framework Brings Open Banking to India

12/09/2021

Eight banks have joined the account aggregator network, which enables consumers to share financial data with third parties in a safe and secure manner.

Trading & Investment

SEBI Revises Position Limits on Currency Derivatives

12/09/2021

The revised position limits apply to domestic clients, NRIs, and Category II FPIs that are individuals, family offices, and corporates.

Capital Adequacy

Bangladesh Banks Asked for Plans to Address Capital Shortfall

12/09/2021

Eleven banks, including seven that are state-owned, are asked to explain how they plan to address capital shortfalls.

Market Data & Technology

APRA’s New Data Collection Solution Goes Live

12/09/2021

Banks have to maintain all BEAR information including accountability statements and maps in APRA Connect from this month.

Structural Regulation

Philippines: BSP Has 11 Digital Bank Applications to Review

12/09/2021

Two applications were already under review. Nine new applications were received before the deadline. Only two more licences may be up for grabs.

Credit Risk

PBOC Announces Relending Facility for Micro, Small Businesses

12/09/2021

Banks have to first issue loans to micro, small and self-employed businesses before applying for the equivalent amount of relending from the PBOC.

Cybersecurity

New Zealand Banks ANZ, Kiwibank Hit with DDoS Attacks

12/09/2021

ANZ said it had recovered on Thursday but online services were intermittent on Friday. Kiwibank was still working to get its systems back up through Sunday.