Capital / Liquidity

Singapore Proposes Changes to Large Exposure Rules

08/01/2018

MAS to impose large exposures limit of 25 percent of tier 1 capital on any counterparty or single counterparty group; will include large exposures to banks.

Fintech / Regtech

Taiwan Passes Regulatory Sandbox Law

05/01/2018

Tech firms will need to pass an assessment for FSC approval to use the sandbox and gain exemptions from certain regulations.

Securities / Derivatives

Higher Stock Transaction Tax to Impact Trading Volume: PSE

05/01/2018

Stock transaction tax increased 20% from 1 January 2018; change in timeline took exchange by surprise.

Securities / Derivatives

India Confirms Stock, Commodity Trading to be Allowed on Single Exchanges

04/01/2018

Individual exchanges will be able to host equity, equity derivative, commodity derivative, currency derivative, interest rate future and debt instruments.

Capital / Liquidity

China Details Banking Sector Liberalisation

03/01/2018

CBRC will support foreign bank branches entry into government bond-related businesses, loosen RMB retail deposit-taking requirements for foreign bank branches.

China Further Restricts Overseas Cash Withdrawals

02/01/2018

New rules effective from January 1st restrict individuals withdrawing a maximum of RMB 100,000 per year regardless of the number of separate bank accounts or ATM cards.

Capital / Liquidity

OJK Takes Over Credit Information Management from BI

02/01/2018

Indonesian financial regulator will take over arranging, developing and managing credit information systems from central bank.

Capital / Liquidity

ICBC designated as D-SIB by HKMA

02/01/2018

The bank will be required to include HLA buffer in their regulatory capital calculation within 12 months of the designation.

Market Infrastructure

Taiwan Stock Exchange Launches Co-location Services

29/12/2017

Exchange says move will boost trading speeds, bring Taiwan up to speed with international standards and regulations.