ADVERTISEMENT
Reporting on regulatory developments, innovations, and risks in payment systems and settlement processes essential for the transfer of money and securities.
Structural Regulation
HKEX Asks Participants to Prepare Systems for Investor Compensation Levy
By Editors | 13/01/2020
While the collection of the investor compensation levy is currently suspended, exchange participants should take necessary actions to prepare for its calculation and payment.
Credit Risk
Vietnam Central Bank Sets Out 2020 Policy Tasks
By Editors | 10/01/2020
The key policy tasks for the year include reducing banking sector NPLs to below 2% and promoting the use of non-cash payments.
Payments & Settlements
PBOC Reverses No Interest Policy for Payments Companies – Report
By Editors | 10/01/2020
The PBOC will pay just 0.35% annually on customer money that payments firms hold with the central bank, but the move marks a reversal of an earlier decision to pay no interest.
Trading & Investment
RBI Allows Banks to Offer FX Trading Beyond Market Hours
By Editors | 08/01/2020
The move is aimed at improving the ability of market participants to hedge currency risk in the onshore rupee market to boost domestic trading volumes.
Payments & Settlements
India’s NPCI Unveils DLT Based Platform to Further Streamline Payments
By Editors | 07/01/2020
The Vajra Platform will enhance data security and transparency, facilitate real-time transactions and reduce reconciliation challenges and processing errors, the NPCI said.
Clearing & Post-Trade
SEBI Issues Revised Framework for Core Settlement Guarantee Fund
By Editors | 07/01/2020
If the core settlement guarantee fund is used up during a calendar month, non-defaulting members of clearing corporations shall immediately replenish the fund.
Credit Risk
PBOC Clarifies Handling of Defaulted Interbank Bonds on Maturity
By Editors | 07/01/2020
The clarification is aimed at improving the disposal mechanism for interbank bonds that have defaulted on maturity or have matured early due to legal reasons such as bankruptcy.
Clearing & Post-Trade
SZSE, CSDC Issue Implementing Rules for ‘Full Circulation’ of H-Shares
By Editors | 06/01/2020
Full circulation will allow shareholders of mainland companies to convert non-tradeable, domestically-held shares into H-shares for trading in Hong Kong.
Structural Regulation
China Banks, Insurers Urged to Develop Foreign Trade-related Services
By Editors | 02/01/2020
New guideline asks banks and insurers to develop foreign trade-related financial services to help develop bilateral trade between China and key jurisdictions, including the ‘Belt and Road’ countries.
Payments & Settlements
BSP Extends Registration Deadline for Payment System Operators
By Editors | 30/12/2019
Existing payment system operators were given until 1 January to register with the BSP. This has been extended to 1 April 2020.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.