Other Asia Pacific

Liquidity Risk

Philippine Stocks Resume Trading, Central Bank Relaxes Regulations

By Editors | 19/03/2020

The BSP has cut interest rates and relaxed regulations on compliance reporting by banks, calculation of penalties on required reserves, and single borrower limits.

Credit Risk

SBV Directs Banks to Support Borrowers, Cuts Interest Rates

By Editors | 19/03/2020

The central bank  has directed banks to restructure repayment periods, cut interest rates, waive fees and maintain debt classifications to support borrowers.

Trading & Investment

SET Revises Circuit Breaker Mechanism to Curb Volatility

By Editors | 18/03/2020

The circuit breaker will be triggered in three stages instead of two. The ceiling and floor limits for securities and derivatives are also revised.

Liquidity Risk

Sri Lanka Closes Stock Market, Cuts Policy Rates

By Editors | 17/03/2020

The central bank has also asked financial institutions to refrain from engaging in speculative activity, which it says “could lead to panic in the financial market.”

Trading & Investment

Philippine Markets Shut, Central Bank Promises Regulatory Relief

By Editors | 17/03/2020

The Philippines has halted stock, bond and currency trading ‘until further notice’. The BSP is urging banks to provide financial relief to customers and employees.

AI Risk & Governance

Wolters Kluwer, PwC Complete PoC Using AI in Regulatory Reporting

By Editors | 15/03/2020

After minutes of training, algorithms were able to use 250,000 records of previously unseen raw data to predict regulatory reporting output with degrees of accuracy exceeding 99%.

Trading & Investment

SET Tightens Short Selling Rule After Second Trading Halt

By Editors | 14/03/2020

Short selling orders can now only be executed at prices higher than the last traded price, the SET said after its circuit breaker was triggered for the second day in a row.

Trading & Investment

Thai Bourse Announces Relief Package, Circuit Breaker Triggers

By Editors | 12/03/2020

The 30-minute trading halt came shortly after the SET announced a Covid-19 relief package, which included 500 million baht in fee reductions for market participants.

Trading & Investment

Indonesia Triggers Circuit Breaker, Suspends Pre-Opening Session

By Editors | 12/03/2020

IDX halted trading to end Thursday, just a day after tightening the circuit breaker mechanism. The pre-opening session is suspended until further notice.