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Capital / Liquidity
ESMA to Bring 3rd-country CRAs, Trade Repositories Under EU Supervision
By Samuel Riding | 04/12/2017
ESMA executive director Verena Ross says more than 200 non-EU trading venues have asked for exemptions from MiFID II post-trade transparency, position limits.
Capital / Liquidity
Australia to Kick off Long-awaited Royal Commission into Financial Sector
By Editors | 04/12/2017
Inquiry to look into alleged misconduct in financial sector welcomed by banks, securities regulator, but not superannuation scheme operators.
Capital / Liquidity
MAS Warns of ‘Medium-term’ Cross-border Financial Stability Risks
By Editors | 04/12/2017
Annual report into stability of financial system says domestic and regional lending improving, no signs of credit market overheating.
Capital / Liquidity
Asian Firms at Risk of Drowning Under Wave of Regulation from US, Europe
By David Farmery | 30/11/2017
The wave of financial regulation about to wash over Europe and North America could eventually overwhelm Asian institutions.
Market Infrastructure
SGX Revamping Securities Settlement Processes
By Editors | 30/11/2017
Exchange consultation proposes move to T+2 settlement, simultaneous securities, money settlement in bid to prevent systemic risk.
AML / KYC
Singapore, Abu Dhabi to Cooperate on Banking Supervision, Markets, Fintech
By Editors | 27/11/2017
Middle Eastern regulator has already approved one Singapore firm to provide credit services; Singapore firm won Fintech challenge.
Capital / Liquidity
Vietnam to Allow Banks to Go Bankrupt
By Editors | 27/11/2017
Bankruptcy will be a last resort; Vietnamese banking sector has bad debts of 8.6% of total credit, 17.2% NPL ratio; Moody’s outlook ‘positive’
Capital / Liquidity
China Cracks Down on Shadow-banking Through its own ‘Dodd-Frank’
By Garima Chitkara | 23/11/2017
Chinese regulators have released a new draft legislation to restrict financial institution activity.
Market Infrastructure
MAS Launches Bill to Consolidate Payments Regulation
By Garima Chitkara | 23/11/2017
Singapore has released a second consultation on its proposed payments regulatory framework.
AML / KYC
Hong Kong to Continue to Allow Mutual Fund Sales Commissions
By Editors | 20/11/2017
Securities and Futures Commission says Hong Kong is not ready to ban commissions and introduce a pay for advice model.
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