Markets & Infrastructure

Cloud & Infrastructure

Competitive Dynamics in Banking Intensify Across APAC: S&P Global

By Manesh Samtani | 18/07/2019

Indigenous virtual banks, global digital-only banks, and digitised traditional banks are all vying for market share, says a new report from S&P Global Ratings.

Structural Regulation

Korea to Enhance Transparency of Digital Bank Evaluations

By Editors | 18/07/2019

The FSC has announced changes to the operational procedures of its evaluation committee for internet-only bank, amid plans to reopen applications for new licences on 10 October.

Trading & Investment

Myanmar Bourse May Open to Foreigners by Year-End

By Editors | 17/07/2019

Foreign investors will be allowed to hold up to a 35% stake in Myanmar-listed companies, as stipulated in the new Companies Law, which entered into force in August 2018.

Trading & Investment

Dhaka Bourse to Develop Tradeable Capital Market Indices

By Editors | 17/07/2019

The Shanghai and Shenzhen bourses, as strategic partners, will provide technical support to help the Dhaka Stock Exchange develop the new indices.

Conduct, Culture & Accountability

Over 35,000 Complaints Received in Six Months: AFCA

By Editors | 17/07/2019

Over 60% of the complaints have been resolved, resulting in A$83mn in settlements. More than one-third of complaints were directed at banks.

Liquidity Risk

Singapore Can Withstand Severe Adverse Shocks: IMF

By Manesh Samtani | 17/07/2019

The IMF says Singapore’s financial system would continue to be resilient even under very adverse scenarios, but that foreign currency liquidity risk needs to be addressed.

Market Abuse

KRX Fines Merrill Lynch for High-Frequency Trading Activities

By Editors | 17/07/2019

KRX found that over an eight-month period, Merrill Lynch’s Seoul branch engaged in 6,220 high-frequency trades on behalf of a foreign hedge fund.

Trading & Investment

Singapore Bankers ‘Flooded’ With Inquiries from Hong Kong – Reports

By Editors | 16/07/2019

Following Hong Kong’s extradition bill protests, wealth managers and private banks have seen increased queries from clients looking to set up channels to move assets to Singapore.

Trading & Investment

SGX RegCo Proposes Price Limits for Auction Mechanism

By Editors | 16/07/2019

SGX already uses dynamic circuit breakers during continuous trading, but there is currently nothing similar used during the opening, mid-day and closing auctions.