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Market Infrastructure
Malaysia Liberalises FX Hedging Framework
By Editors | 19/08/2019
The policy move is aimed at providing greater flexibility and efficiency in foreign exchange risk management and business operations.
Market Infrastructure
FMA Consults on Exemptions for New Financial Advice Regime
By Editors | 19/08/2019
The FMA considers that it may be useful to continue existing exemption relief for Australian licensees and advisers already meeting ASIC requirements.
ESG / Sustainability
Thailand Banks Commit to Lending Based on ESG Factors
By Manesh Samtani | 16/08/2019
The BOT, Thai Bankers’ Association and 15 banks have taken steps to establish common policies to ensure socially-conscious loan approvals based on ESG factors.
Market Infrastructure
CSDC Consults on Draft Clearing, Settlement Rules
By Editors | 16/08/2019
The rules cover financial resources management and multilateral netting, specifying how the CSDC will handle defaults from settlement participants.
Market Infrastructure
APRA Consults on Adjusted Schedule for Initial Margin Rules
By Editors | 15/08/2019
APRA is consulting on changes to the implementation schedule for initial margin requirements in Australia, in line with the one-year phased extension granted by BCBS and IOSCO last month.
Fintech / Regtech
Korea to Ease Entry of Innovative Businesses in Finance
By Editors | 14/08/2019
The FSC and FSS have jointly announced a set of measures designed to simplify the approval process for innovative businesses in finance.
Market Infrastructure
RBNZ Publishes New Data Series for Measuring Mortgage Risk
By Editors | 14/08/2019
The release of the new debt-to-income data comes as the government considers including it as an additional tool in the RBNZ’s macro-prudential toolkit.
Market Infrastructure
Philippines to Relaunch OF Bank to Create Digital-only Bank
By Editors | 14/08/2019
The Overseas Filipino Bank was launched in January to cater to overseas Filipino workers, who will more easily be able to access digital-only services.
Market Infrastructure
Myanmar to Set Up Alternative Market for Unlisted Companies
By Editors | 14/08/2019
The so-called ‘Myanmar Public Companies Board’ will serve as a stepping stone for domestic companies to list on the YSX, which still lists only 5 companies.
ESG / Sustainability
ASIC Updates Guidance on Climate Risk Disclosures
By Editors | 13/08/2019
The new guidance describes climate change as a “systemic risk that could have a material impact on the future financial position, performance or prospects of entities”.
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