Emerging Prudential Risks

India Raises Deposit Insurance Cover Five Fold

05/02/2020

Finance Minister Nirmala Sitharaman announced in her Budget Speech that deposit insurance would be increased to 500,000 rupees per depositor.

Credit Risk

BOT Launches Phase Three of ‘Debt Clinic’ Scheme

05/02/2020

Phase 3 will expand the scope of covered personal debt to include cases involving a single debtor. The Debt Clinic has so far helped over 3,000 borrowers refinance bad debt.

Trading & Investment

SEBI Asks Exchanges to Review Commodity Derivatives Performance

05/02/2020

Performance reviews of commodity derivatives contracts should be conducted each year to ensure alignment with the physical markets.

Climate Risk

MAS to Broaden Range of Climate Risks Included in Stress Tests

05/02/2020

The current priority is to collect climate-related data and understand how it impacts FIs in order to conduct a proper stress test, says MAS board member Ong Ye Kung.

Reporting & Disclosures

SGX, IPOS Launch Joint Initiative to Unlock Value from Intangible Assets

05/02/2020

Until end-2020, a pilot programme will help companies undergo an evaluation and audit process to assess their intangible assets as indicators of business value.

Structural Regulation

HK Bourse to Grant Relief on Issuer Results Announcements

04/02/2020

Listed companies experiencing difficulties publishing results or audited financial statements due to coronavirus-related travel and other restrictions may be granted relief.

Trading & Investment

BSE, NSE Launch New Trading Platforms for Debt Securities

04/02/2020

BSE India launched its new RFQ Platform on Monday and NSE on Tuesday. The platforms offer greater transparency and access to debt securities for eligible investors.

Sustainable Finance

Thailand, Luxembourg Explore Financial Market Cooperation

04/02/2020

Thailand’s SEC and LuxSE have discussed cooperation to promote sustainable finance, while also agreeing to explore the creation of a trading link between the two countries.

Capital Adequacy

Vietnam to Bolster Capital at State-owned Banks

04/02/2020

Vietcombank and Vietinbank will each receive government funds to bolster their capital. Agribank will be allowed to retain its earnings rather than contribute to the state budget.