NSFR requires locally-based D-SIBS to have customer deposits, long-term wholesale funding and equity sufficient to cover extended period of market stress.
Top official says updated ID cards with greater security could be used as basis of the centralised KYC; boost Hong Kong's status in fintech.
APRA says ‘unquestionably strong’ means a CET1 capital adequacy ratio of 10.5% ; some lenders expected to require 150bp increase.
Peer review finds MAS meets all but one of 24 principles designed to shore up systemically important market infrastructure including central counterparties.
Despite earlier talk of blanket ban, panel set up in April close to agreeing model which would give bitcoin similar status to a commodity.
This accounting standard isn’t just for accountants – entire banks will have to seek succour in prudence, targeting better clients and sounder transactions.
Exchanges in India and Indonesia suffer outages, citing ‘technical issues’; brokers connected to Bursa Malaysia report spate of cyberattacks on two separate days.
SSE, CFFEX meetings to discuss stake in CSE (Chittagong Stock Exchange) follows their participation in consortium which bought 30% of Pakistan bourse.
Regulation Asia discusses the latest trends in regulatory scrutiny of capital markets with Ulf Carlsson, general manager at Nasdaq in Hong Kong.