Capital / Liquidity

RBI Warns of Deteriorating Asset Quality, Capital Buffers

14/01/2021

Stress tests indicate 4 banks may fail to meet minimum capital requirements by September 2021 under the baseline scenario.

Fintech / Regtech

Chinese Regulators to Force Ant, Tencent to Share Borrower Data

14/01/2021

Ant Group affiliate Alibaba and Tencent have so far been resistant to sharing their loan data with credit databases such as Baihang.

Fintech / Regtech

PayPal Acquires Full Control of China Payments Business

14/01/2021

PayPal is the first foreign firm to own a 100% stake in a payment platform in China, having obtained a licence to operate in the country a year ago.

ESG / Sustainability

JPX Issues New ESG Handbook to Listed Companies

14/01/2021

The handbook explains how to identify ESG issues that are relevant, how to connect the issues to a business strategy and how to best disclose achievements.

Sponsored Content

New Rules for Private Equity Funds Take Effect in China

14/01/2021

The rules prohibit the use of private equity funds as vehicles for public fundraising, explicitly allowing them to only be offered to qualified investors.

Enforcement

NAFMII Identifies Regulatory Breaches at Haitong Securities

14/01/2021

The breaches have been reported to the PBOC and CSRC, which are likely to issue penalties to Haitong Securities and its subsidiaries.

Securities / Derivatives

BSEC to Form Market Stabilisation Fund with Unclaimed Dividends

14/01/2021

Listed companies in Bangladesh have unclaimed cash and stock dividends worth about $2.5bn, which will be used to support the capital market.

Big Picture

DTCC Outlines Key Risk Management Priorities for FMIs

14/01/2021

In a new white paper, DTCC highlights the need for financial market infrastructures to focus on risks created or exacerbated by the impact of the pandemic.

Market Infrastructure

PBOC to Enhance Data Protection Rules in Credit Reporting Industry

14/01/2021

The PBOC is looking to address inadequate protection of customer data in the credit reporting industry, explicitly prohibiting the abuse of personal and corporate credit information.