Trading & Investment

China Enables Bond Market Access Through Bloomberg Terminal

03/12/2018

The PBOC says preparatory work has been completed to enable international investors’ access to China’s interbank bond market, via Bond Connect, through Bloomberg terminals.

Cybersecurity

TransUnion Online Service Suspended in Hong Kong – Reports

03/12/2018

The HKMA and privacy commissioner have demanded security improvements after reporters were able to access top officials’ credit reports through TransUnion’s online service.

KYC & CDD

Philippine Central Bank Updates Rules on KYC, AML

03/12/2018

The BSP will require financial institutions to collect customers’ unique ‘PhilSys’ ID numbers, and allow the use of technology to capture and record personal data.

Structural Regulation

RBI Announces Phasing-In of LEI for Non-Derivatives Markets

30/11/2018

Entities transacting in government securities, money markets and non-derivative forex markets will be required to have LEI codes, starting with larger firms in April 2019.

Liquidity Risk

India Eases Asset Securitisation Norms to Help Non-Bank Liquidity

30/11/2018

The RBI has reduced the holding time required for loans with maturities of over 5 years before they can be securitised.

Emerging Prudential Risks

China Consults on Revision of Rules Governing Foreign Banks

30/11/2018

CBIRC proposes more stringent supervision of foreign banks to improve “risk resilience” and customer protection, following the release of measures to further open up the banking industry.

Liquidity Risk

India to Implement NSFR from April 2020

30/11/2018

The Net Stable Funding Ratio will apply to Indian banks on both a stand-alone and consolidated basis, and foreign banks on a stand-alone basis.

Anti-Money Laundering

Singapore Pushes Data Analytics, Collaboration to Counter Financial Crime

30/11/2018

A new report by Singapore’s AML/CFT Industry Partnership identifies key weaknesses of current approaches that can be addressed with data analytics and greater industry collaboration.

Structural Regulation

ASX Consults on Changes to Listing Rules

29/11/2018

The proposals aim to improve market disclosures, simplify the listing rules, increase efficiency in the listing process, and enhance ASX’s powers to monitor and enforce compliance, among other changes.