Market Abuse

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.

Data Privacy

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regimes in other jurisdictions; says Chinese lenders’ data can be inaccurate, insufficiently comprehensive, and outdated.

Cybersecurity

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.

Structural Regulation

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’.

Conduct, Culture & Accountability

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.

Market Abuse

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.

Clearing & Post-Trade

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.

Credit Risk

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.

Credit Risk

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.