Capital Adequacy

Philippine Central Bank Revises Computation of Banks’ Net Worth

23/01/2019

The Philippines has changed its rules for calculating bank capital to better reflect asset quality and align with computations used for capital adequacy.

Credit Risk

S. Korean Regulators Require More Transparency on Bank Loans

23/01/2019

New rules requiring disclosures to customers of credit assessment procedures and loan rate calculations have been introduced by South Korean regulators.

Payments & Settlements

Australia Consults on Strategic Vision for Payments Sector

23/01/2019

The Australian Payments Council is inviting comments to review it 2015 Australian Payments Plan aimed at supporting digital payments.

Trading & Investment

S. Korea Broadens Professional Investor Pool to Boost Capital Markets

23/01/2019

In addition to easing the requirements for registering as a professional investor, the FSC will introduce a new class of brokerage firm that will specialise in channelling funds to SMEs.

Trading & Investment

China, Germany Enhance Capital Markets, Banking Cooperation

23/01/2019

The two countries will promote depository receipts, build an offshore market for A-share index derivatives in Frankfurt, and improve access for banks and insurers in either market.

Trading & Investment

Bank of Korea to Entrust Foreign Reserves to Local Asset Managers

22/01/2019

South Korea’s central bank said it plans to entrust local asset managers with up to $300mn of its investments in developed markets.

Market Abuse

S. Korean Regulator Fines Four Global Banks for Rigging FX Derivatives

22/01/2019

South Korea’s Fair Trade Commission has fined JP Morgan, HSBC, Deutsche Bank and StanChart a combined $613,000 for rigging forex derivative prices.

Credit Risk

China Bourses Ease Restrictions on Lending Against Pledged Shares

22/01/2019

The SSE and SZSE have extended the repurchase period for pledged shares to over three years and loosened restrictions on the number of shares that can be pledged.

Trading & Investment

India’s Brokers Push Back Against Higher Margining for Equity Derivatives

22/01/2019

Brokers say SEBI’s new margining norms increase the cost of trading without any real reduction in risk and will result in “unprecedented damage” to India’s equity derivatives market.