Big Picture

Board, Compliance Engagement Lacking in Technology Adoption

07/02/2019

Financial services firms lack engagement from boards and risk and compliance functions, according to a new survey from Thomson Reuters Regulatory Intelligence.

Market Infrastructure

Insurance a Critical Part of Cyber Risk Response – MAS

01/02/2019

Only 6% of global cyber insurance premiums come from APAC, said MAS division head Elean Chin at the launch of a new report which reveals the inadequacy of cyber risk preparedness.

Market Infrastructure

Regulatory Fragmentation Heightens Derivatives Market Risk – ISDA

31/01/2019

Policymakers should reduce the gap between national regulations and global standards, and adopt a risk-based framework for the recognition of comparable regulatory regimes.

Capital / Liquidity

PBOC Perpetual Bond Support Seen as Banking System Bailout

30/01/2019

China’s recent moves to help banks replenish capital through perpetual bond issuances are seen as a bailout of the banking system. But what happens in another crisis?

Capital / Liquidity

Negative Income Shock Could Wipe Out RBI Capital Reserves – Study

28/01/2019

The core capital held by the RBI is “too low” and could compromise its ability to manage risks, respond to negative income shocks and maintain operational independence.

Market Infrastructure

HKEX Enables Central Clearing for Deliverable FX Forwards, Swaps

25/01/2019

Enabled by Traiana infrastructure, HKEX OTC Clear is offering the first clearing service for deliverable FX forwards and swaps in the USD/CNH and USD/HKD currency pairs.

Fintech / Regtech

India Banking Tech Institute Publishes Blueprint for Blockchain Adoption

24/01/2019

The Institute for Development and Research in Banking Technology explores the benefits of blockchain in India’s banking sector and provides an implementation roadmap.

Capital / Liquidity

Basel Regulators Consider 2020 Initial Margin Relief

21/01/2019

Although it is still unclear which of the proposals will be adopted, the industry sees the data as so compelling that regulators will recognise the need for some form of relief.

Market Infrastructure

HKMA Urges Banks to Foster Sound Culture – Speech

18/01/2019

In a keynote address this week, HKMA executive director Alan Au discussed the three pillars of bank culture reform, progress at banks, and new initiatives to drive culture reform forward.