ESG / Sustainability

BOJ Sets Out Strategy to Address Climate Change

26/07/2021

A measure will be introduced enabling FIs to receive funds from the BOJ against investments or loans made in support of efforts to address climate change.

Market Infrastructure

ASIC to Update Guidance on Anti-hawking Regime

23/07/2021

The updated guidance reflects the reforms which consolidate three existing hawking prohibitions into a ban covering all financial products.

Fintech / Regtech

MAS, SFA Launch 2021 SFF Global FinTech Awards

22/07/2021

The theme for the 2021 awards is “Emerging from a pandemic, the road to recovery”. The awards will be hosted entirely on API Exchange.

APRA Asks Insurers to Review Risk Management Frameworks

22/07/2021

The self-assessments must be submitted to APRA by 30 November. Feedback will be provided early next year.

Capital / Liquidity

APRA Issues Update on Policy Settings for Bank Capital Reforms

22/07/2021

APRA says some requirements associated with unquestionably strong benchmarks will be revised and simplified. A quantitative impact study is being conducted.

Securities / Derivatives

SET Seeks to Allow Derivative Warrants to Use Foreign Stocks

22/07/2021

The SET will ask the Thai SEC to amend regulations to allow derivative warrants to use foreign stocks as their underlying assets.

ESG / Sustainability

IIF Publishes Guidance for Scenario-based Climate Risk Measurement

22/07/2021

The IIF has developed a set of reference approaches to be used by supervisors and banks as blueprints when designing their SCRM approaches.

ASIC Publishes Data Definitions for New Complaints Handling Regime

22/07/2021

New dispute resolution standards will commence on 5 October this year. ASIC has released a data dictionary and data glossary to support pilot testing.

Capital / Liquidity

Indian Banks Set to Apply for ‘Bad Bank’ Operating Licence

21/07/2021

The bad bank will be 51% owned by public sector banks. The remaining shares will be owned by private sector lenders.