Capital / Liquidity

APRA Capital Framework Revisions Credit Positive for Banks – Moody’s

20/02/2018

Higher risk weightings for higher-risk residential mortgages will improve the alignment of capital to risk and better reflect their sensitivity to economic cycles, says Moody’s.

Capital / Liquidity

BSP Cuts Reserve Requirement for Philippine Banks

17/02/2018

The 100 basis point RRR reduction is expected to free up PHP90 billion of liquidity in the financial system.

Securities / Derivatives

SFC Raises Standards for Client Facilitation Trades

17/02/2018

Client facilitation traders must be segregated from agency traders to protect client information and avoid conflicts of interest.

Market Infrastructure

SEC Blocks China-linked Acquisition of Chicago Exchange

17/02/2018

US regulator says deal didn’t comply with rules governing stock exchange ownership, lacked transparency on source of funds and relationships among investors.

Capital / Liquidity

Myanmar Banks Under Pressure to Rein in Overdraft Lending

16/02/2018

Banks say businesses rely on overdraft loans for working capital, particularly during economic weakness.

Enforcement

Australia Creates New Financial Complaints Body

16/02/2018

New body merges three existing complaints authorities; will streamline complaints process and quicken dispute resolution for customers.

China ‘Super Regulator’ Needs New Structure to Boost Effectiveness: PBoC Researcher

16/02/2018

FSDC should focus on horizontal coordination and supervision of regulatory agencies instead of the current vertical coordination; PBoC should have a greater supervisory role.

India Toughens Bad Loan Resolution Framework

15/02/2018

New framework will force banks to reclassify stressed accounts and initiate steps towards resolution, immediately on default.

Enforcement

Interactive Brokers HK Fined for Trading System Failures

15/02/2018

The firm’s electronic trading system repeatedly submitted orders without regard for market liquidity and without effective price and volume controls.