Prudential Risk

Trading & Investment

CSRC to Allow Fund Managers to Invest in NEEQ Stocks

By Editors | 08/01/2020

To trade NEEQ stocks, fund managers should have investment and research capabilities, and strong liquidity risk management, due diligence and internal control systems.

Credit Risk

ISDA Offers Guidance on Cross-Border Application of Margin Rules

By Editors | 08/01/2020

The guide seeks to help firms subject to margin rules analyse multiple foreign rule sets, identify situations in which different rules apply, and improve understanding on substituted compliance.

Emerging Prudential Risks

Bangladesh Banks Given Final Deadline to Cut Lending, Deposit Rates

By Editors | 07/01/2020

Finance Minister AHM Mustafa Kamal says banks have a final deadline of 1 April to bring down the maximum lending rate to 9% and the maximum deposit rate to 6%.

Trading & Investment

Taiwan Easing Rules to Encourage More Domestic Investment

By Editors | 07/01/2020

In March, the FSC will announce which banks qualify to issue new structured note products, after the regulator eased regulations on the investment targets they can be linked to.

Trading & Investment

CFETS to Launch Interest Rate Options Pilot in February

By Editors | 07/01/2020

Market participants must demonstrate adequate internal operating procedures and risk management systems are in place, and apply by 7 February to become interest rate option market trading members.

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.

Liquidity Risk

Philippines Adopts Guidelines for Bank Reporting of Intraday Liquidity

By Editors | 07/01/2020

Universal banks, commercial banks and their subsidiary thrift banks and quasi-banks are required to submit the ‘report on intraday liquidity’ by end-June 2021, and every month thereafter.

Structural Regulation

Philippines Approves Introductory Rules for Islamic Banking

By Editors | 06/01/2020

The BSP has released guidelines for the establishment of Islamic banks and Islamic banking units in the Philippines, along with a newly-approved Shari’ah governance framework.

Emerging Prudential Risks

BNM Issues Revised Equity Exposure Rules for FIs

By Editors | 06/01/2020

Financial institutions need BNM’s prior written approval to acquire or hold 20% or more of the voting shares or voting power in a corporation. Compliance is required by 31 December 2021.