Capital / Liquidity

Taiwan Banks Asked to Bolster Controls on Mortgage Lending

15/11/2020

The central bank has said it could introduce selective credit controls if necessary to ensure financial system stability amid an over-heating property market.

Capital / Liquidity

Philippine Senate Passes Bill to Establish ‘Bad Bank’ Framework

15/11/2020

The bill was fast-tracked amid fears that loan defaults could burden lenders and hamper their ability to provide credit to businesses and consumers.

Securities / Derivatives

Indonesia Launches Electronic Trading in Bond, Sukuk Markets

15/11/2020

The platform was designed by London software firm AxeTrading to accommodate Indonesia’s bond and sukuk markets, and boost liquidity and efficiency.

Securities / Derivatives

AMAC Issues Draft Guidelines for Funds on Valuing Financial Instruments

15/11/2020

Publicly-offered securities investment funds will have to calculate impairment of financial instruments based on expected credit losses.

Fintech / Regtech

Korean MyData Industry ‘The First of its Kind’, says FSC Vice Chair

15/11/2020

The FSC’s Doh Kyu-sang says 35 entities are currently under review to receive preliminary licences to participate in the MyData ecosystem.

Securities / Derivatives

SEC Thailand to Cut Redundant Regulations, Red Tape by 2022

15/11/2020

The ‘regulatory guillotine’ project will reduce documentary requirements by almost 2 million sheets per year and processing time by about 102,000 hours per year.

ESG / Sustainability

SEBI to Expand Risk Management Committee’s Role at Listed Entities

15/11/2020

The requirement to constitute a risk management committee will be expanded to more companies and its role expanded to include ESG risks.

Market Infrastructure

Ransomware Attacks Present a Growing Threat to FIs: FS-ISAC

15/11/2020

Even with robust cybersecurity programmes, large institutions are vulnerable to attacks through third-party suppliers. Smaller institutions are at even greater risk.

Capital / Liquidity

Pandemic Was ‘First Major Global Test’ of Post-Crisis Reforms: FSB

15/11/2020

The pandemic raised questions of whether the flexibility provided in the Basel framework is actually used by FIs, for example in the case of bank capital and liquidity buffers.