Capital / Liquidity

RBI Sets out NPL Action Plan

24/05/2017

Central bank warns of enforcement action if banks don’t implement Joint Lending Forum recommendations.

Capital / Liquidity

FSB Outlines Potential Risks from Fintech Credit

23/05/2017

Sector could have higher financial risks, pose systemic risks, and pose regulation and monitoring challenges.

Capital / Liquidity

China Leverage Curbs Start to Take Effect

23/05/2017

Regulatory measures lead to banks paying back more than they borrow on NCDs.

Market Infrastructure

Japan Passes HFT Legislation

23/05/2017

Offshore HFTs must have offices in Japan; all must register with regulator, disclose risk management practices.

AML / KYC

China Regulators Confirm Readiness for CRS

22/05/2017

Six departments including banking and securities regulator confirm 1 July kick-off.

CSRC Bans Firm from Issuing New Asset Management Products

22/05/2017

Sealand Securities also barred from opening new securities accounts, underwriting bonds.

Securities / Derivatives

US Regulator Charges Nomura Traders with Fraud

22/05/2017

Traders alleged to have made extra $750,000 in profit and boosted bonuses while deliberately lying to customers.

Market Infrastructure

ASIC FX Probe Nears End with Macquarie Undertaking

22/05/2017

Macquarie follows Big 4 lenders in promising to fix and monitor conduct by forex traders.

Capital / Liquidity

HKMA Introduces More Mortgage Curbs

22/05/2017

Home prices have surpassed 2015 peak, transaction volume more than doubled from January to April.