Trading & Investment

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.

Resolution & Recovery

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.

Emerging Prudential Risks

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.

Trading & Investment

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 Adequacy

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.

Conduct, Culture & Accountability

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.

Conduct, Culture & Accountability

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 Adequacy

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.

Structural Regulation

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.