Markets & Infrastructure

Clearing & Post-Trade

Some Aspects of Post-Crisis Reform Disincentivise Central Clearing

By Manesh Samtani | 20/11/2018

A joint report from the FSB, BCBS, CPMI and IOSCO confirms earlier findings that some aspects of post-GFC reform may not incentivise central clearing of OTC derivatives.

Trading & Investment

China Opens Interbank Bond Market to Retail Investors

By Editors | 20/11/2018

Retail investors will be able to buy government bonds directly from bank branches or online, as policymakers seek to boost demand for government securities and offer investors more choice.

Tokenisation

What SGX Expects of Listed Companies Conducting an ICO

By Boon Gin Tan | 20/11/2018

SGX RegCo chief Boon Gin Tan offers clarity around the regulatory obligations of listed companies that may choose to offer ICOs as a way to finance business growth.

Resolution & Recovery

FSB Urges More Progress on CCP Resolution Regimes

By Garima Chitkara | 20/11/2018

Progress to enhance the resolvability of SIFIs is advanced in the banking sector, but most jurisdictions do not yet have a comprehensive resolution regime for CCPs in place.

Payments & Settlements

MAS, Central Banks Explore Alternative Models for Cross-Border Payments

By Manesh Samtani | 20/11/2018

The central banks of Singapore, Canada and England jointly released a report discussing emerging opportunities for digital transformation in cross-border payments.

Payments & Settlements

MAS Payment Services Bill Finalised, Tabled in Parliament

By Manesh Samtani | 19/11/2018

The Bill aims to provide a more conducive environment for innovation in payment services, while ensuring that risks across the payments value chain are mitigated.

Conduct, Culture & Accountability

New Zealand Banks Must Address Risks from Sales-Linked Incentives – FMA

By Manesh Samtani | 19/11/2018

The FMA expects banks to change sales-linked incentives, or explain how they will strengthen controls to address the risk of inappropriate sales.

Supervision & Enforcement

Australia’s Public Prosecutor Gets A$50mn to Go After Banking Misconduct

By Garima Chitkara | 19/11/2018

Australia to provide approximately A$50 million for public prosecutions and federal court to expand staff and capacity to litigate banking and financial institution misconduct cases.

AI Risk & Governance

Regulation Asia Awards for Excellence 2018 – Results Announcement

By Editors | 16/11/2018

Regulation Asia held its first ever Awards ceremony on 13 November to recognise technology companies, legal and consulting firms, and exchanges that have helped shape the regulatory landscape in Asia Pacific over the past year.