Capital / Liquidity

Royal Bank of Scotland Removed From G-SIB List

19/11/2018

The Financial Stability Board has added France’s Groupe BPCE to its 2018 list of global-systemically important banks and removed RBS and Nordea.

Capital / Liquidity

Hong Kong Set to Finalise TLAC Rules

19/11/2018

New rules governing bank TLAC holdings, concentration risk in sovereign exposures have been gazetted and will be presented before LegCo on 21 November.

Capital / Liquidity

India’s Government, RBI Close to Solution on Bank Lending Dispute

15/11/2018

The government and RBI have reached a temporary agreement on some issues after an unprecedented public spat between the two caused alarm about the central bank’s independence.

Market Infrastructure

SGX to Distribute China Interbank Bond Indices to International Investors

15/11/2018

The agreement to distribute CFETS-BOC bond indices outside of China is just one among four agreements signed between China and Singapore this week.

Market Infrastructure

Singapore Pledges $5bn to Private Equity, Venture Capital Firms

14/11/2018

At Singapore Fintech Festival, MAS said it will place up to $5bn for management with private equity and venture capital firms focused on infrastructure and enterprise financing.

Securities / Derivatives

Japan to Probe Corporate Bond Underwriting Practices

14/11/2018

An FSA official told Bloomberg that the regulator will discuss the issue of unsold bonds held by underwriters during its regular discussions with market participants.

AML / KYC

US Prosecutors Charge Goldman Bankers Over 1MDB Scandal

07/11/2018

Malaysian politician Anwar Ibrahim told Bloomberg it would be “inexecusable” if the bank was itself found complicit in money laundering and bribery related to the state development fund.

Crypto / Digital Assets

Crypto Players Welcome Hong Kong Regulation

06/11/2018

New regulation could lead to industry consolidation and greater institutional money, said panellists at ASIFMA’s annual conference in Singapore.

AML / KYC

Taiwan Cracks Down On Anonymous Virtual Currency Transactions

05/11/2018

Taiwan has amended its AML/CFT laws, forbidding anonymous cryptocurrency transactions and empowering the FSC to take action against noncompliant platform operators.