Enforcement

Japan Introduces AI Market Surveillance

21/03/2018

System from Hitachi and NEC will identify potential unfair trading, but humans will still be relied on to interpret data.

Fintech / Regtech

CBRC Wants Banks to Up Their Data Game

19/03/2018

Regulator says it has observed data governance regimes in other jurisdictions; says Chinese lenders’ data can be inaccurate, insufficiently comprehensive, and outdated.

Enforcement

Cyber Threats Top ASIC Agenda

19/03/2018

Australian securities regulator warns on ‘malicious cybercrime’; says surveillance of OTC markets will be another 2018 priority.

Enforcement

Deutsche Fined, Censured for HK Regulatory Breaches

15/03/2018

Securities regulator says fine would have been much higher were it not for self-reporting of breaches, cooperation in inquiry and ‘remedial measures’.

Market Infrastructure

MAS to Weigh in on Bank HR Practices

15/03/2018

Advisory group will develop best practices for the industry, including more inclusive, skills-based hiring policy.

Enforcement

CSRC Issues Record $900mn Fine for Market Manipulation

15/03/2018

Staff at the firm and their associates alleged to have used more than 300 trading accounts to make illicit profits of $150mn.

Market Infrastructure

SGX to Merge OTC, Exchange Derivatives into Single Risk Class for Clearing Fund

14/03/2018

Move follows MAS consultation on moving all OTC derivatives contracts onto organised markets.

Capital / Liquidity

Hong Kong at High Risk of Debt-driven Crisis – BIS

14/03/2018

Report shows Hong Kong has biggest credit-GDP gap and the highest debt service ratio among 9 APAC economies.

Capital / Liquidity

China Bank Deleveraging Makes Progress: Moody’s

12/03/2018

Report suggests asset growth has slowed, although city, rural and joint-stock banks could struggle to manage asset quality and capitalisation.