Securities / Derivatives

SGX, NSE Resume Talks on Possible GIFT City Collaboration

26/07/2018

The arbitrator has deferred judgement on the data sharing dispute until talks on collaboration between the two exchanges on a trading and settlement platform at GIFT City conclude.

Capital / Liquidity

HKMA Releases Loss-Absorbing Capacity Consultation Conclusions

26/07/2018

HKMA had consulted on the minimum required capital needed by systemically important institutions in case they are rendered non-viable.

Securities / Derivatives

China Clarifies Requirements for New Asset Management Framework

26/07/2018

China’s central bank will allow banks with asset management businesses additional flexiblity in the implementation of its new regulatory framework that comes into effect in 2020.

Securities / Derivatives

CSRC Mulls Loosening Restrictions on Stock Index Futures

26/07/2018

CSRC Vice Chairman Fang Xinghai indicated in a speech in Shanghai that the regulator is looking to ease margin requirements and position limits on stock index futures trading.

Capital / Liquidity

PBOC to Ease Capital Rules for Some Banks to Boost Lending

26/07/2018

PBOC is looking to lower a structural parameter used in its quarterly macro prudential assessment, effectively lowering the amount required for capital buffers at some banks.

Enforcement

SEBI Warns Asset Managers on Dividend Distribution Practices

26/07/2018

SEBI chairman asked fund managers to ensure they are safeguarding investor interests while highlighting lapses involving dividends that were distributed without the consent of board trustees.

Securities / Derivatives

SEBI Mulls Cap On Fund Distributor Commissions

26/07/2018

India’s securities regulator will cap distributor commissions at 1.5-2% on debt funds and 4-5% on equity funds to prevent mis-selling of funds to consumers.

Capital / Liquidity

Vietnamese State-Owned Banks Face Weakening Credit Profiles – Moody’s

26/07/2018

Vietnamese state-owned banks are raising external capital at a much slower pace than their privately-owned counterparts, putting pressure on their capital ratios and overall competitiveness, according to a Moody’s report.

Market Infrastructure

Singapore to Implement New SIBOR Methodology by End 2019

26/07/2018

Singapore’s benchmark operators have incorporated feedback from market participants following a consultation that ended in February; the new computation methodology will use a waterfall method incorporating wholesale funding and related markets transactions.