Credit Risk

Quota Depletion Forces Mortgage Lending Halts in Shenzhen

27/11/2019

China Construction Bank, Bank of China and Ping An Bank have reportedly halted mortgage lending in Shenzhen, having depleted their 2019 quotas.

Trading & Investment

SGX to Develop New Products Using China Bond Indices

27/11/2019

SGX, ICBC and the CCDC will explore the development of new index fund products using newly-launched China Bond Indices as the underlying, to be listed in Singapore.

Emerging Prudential Risks

China Economy Still Resilient, Despite Risk Factors: PBOC

27/11/2019

Financial risks have gradually shifted from rapid accumulation to high-level mitigation in the past few years, the PBOC says in its annual financial stability report.

Emerging Prudential Risks

Banking Supervisors Support Proportionality in Basel Implementation

27/11/2019

A proportionate regulatory framework should not reduce the resilience of banks or dilute the prudential regulatory framework.

Sustainable Finance

SC Malaysia Releases Five-Year Sustainable Investment Roadmap

27/11/2019

The Securities Commission has released a roadmap charting out Malaysia’s path to becoming a regional leader in sustainable and responsible investment.

Anti-Money Laundering

Korea to Establish Legal Basis for Cryptocurrency Investment

27/11/2019

A bill passed by the national policy committee will subject digital asset businesses to penalties for not meeting FATF standards in their oversight systems for preventing money laundering.

Structural Regulation

Australia Opens Consultation for Retirement Income Review

27/11/2019

The consultation paper outlined the areas a review panel will assess to understand the adequacy, fairness, sustainability and cohesiveness of the three pillars of Australia’s retirement income system.

Alternative Markets

SGX Becomes First Asian Exchange to List Catastrophe Bonds

27/11/2019

The ‘World Bank Philippines Catastrophe Bonds’ will finance up to $225mn of financial protection against earthquakes and tropical cyclones for the Philippines over the next three years.

Market Abuse

CSRC Formally Bars Manipulation of Futures Markets

27/11/2019

The CSRC prohibits four types of futures trading manipulation, including false trading and activities intended to spread false information or create confusion among investors.