BIG PICTURE

Big Picture

BigTechs Could Raise Issues for Policymakers: FSB

By Manesh Samtani | 10/12/2019

BigTech firms could raise a range of issues for policymakers, warranting additional regulation and/or financial oversight over their activities, the FSB says in a new report.

Big Picture

Fintech Week: HKMA Announces New Fintech Initiatives

By Manesh Samtani | 07/11/2019

As part of an ecosystem approach to fintech development, HKMA chief Eddie Yue wants to work with FIs, end users and technology firms to drive innovation in financial services.

Big Picture

Tokenisation Could Revolutionise Traditional Finance: ASIFMA

By Editors | 06/11/2019

Tokenised securities will impact traditional finance and act as a bridge between legacy finance and the new digital world, taking benefits from each system, ASIFMA says in a new white paper.

Capital / Liquidity

Capital Buffers Are Designed to Be Used: BCBS

By Editors | 05/11/2019

Banks that draw down on their buffers in times of stress are not deemed to be in breach of their minimum regulatory capital requirements.

Big Picture

Effective Governance, Regulation Can Mitigate Cyber Risk: Moody’s

By Manesh Samtani | 25/10/2019

Regulators can help to mitigate the cyber threat by promoting contingency planning in banking and enabling information sharing among banks and regulators.

Market Infrastructure

Post Crisis Reform Implementation Has Progressed in 2019: FSB

By Editors | 18/10/2019

Regulators should lead by example to promote the timely, full and consistent implementation of remaining reforms to support a level playing field and avoid regulatory arbitrage, the FSB says.

Big Picture

FSB Highlights Market Fragmentation Issues in Letter to G20

By Manesh Samtani | 15/10/2019

In a letter to the G20 finance ministers and central bank governors, the FSB says the development of post-crisis reforms is “nearly complete”, but implementation progress remains uneven.

Big Picture

China, Indonesia Lead Emerging Markets in Sustainable Banking

By Manesh Samtani | 14/10/2019

China and Indonesia have demonstrated pioneering policy actions and regulatory initiatives, resulting in changing practices at financial institutions, the Sustainable Banking Network says.

Big Picture

Hong Kong Making Slow Progress on Open Banking: S&P

By Editors | 03/10/2019

S&P Global Ratings says Hong Kong’s approach to open banking makes it hard for third-party service providers to participate, limiting the potential of the new digital ecosystem.