Credit Risk

Asset Quality Worsening at Bangladesh’s Banks – Moody’s

05/12/2018

Asset quality in the banking system is deteriorating due to governance weaknesses, with banks dipping into their core capital due to non-payment of loans.

Trading & Investment

CBIRC Issues Rules for Banks on Wealth Management Subsidiaries

04/12/2018

Wealth management subsidiaries set up by commercial banks can directly invest funds from wealth management products into the stock market.

Structural Regulation

CSRC Approves UBS Majority Control of China Securities JV

04/12/2018

UBS will become the first foreign financial institution to take a controlling stake in a China-based securities joint venture, having now received formal approval from the CSRC.

Cybersecurity

MAS to Co-Fund Financial Sector Efforts to Develop Local Cyber Capabilities

04/12/2018

The MAS will support financial institutions that establish global or regional cybersecurity centres in Singapore, or run key cybersecurity functions from the city to develop local capabilities.

Trading & Investment

China Eases Restrictions on Index Futures Trading

04/12/2018

The CFFEX has lowered margin requirements and trading costs on stock index futures, while also raising the daily trading limit on individual futures products.editors

Clearing & Post-Trade

Bursa Malaysia to Implement T+2 by Q2 2019

03/12/2018

The bourse said the move to a shorter settlement cycle will improve operational efficiency, reduce counterparty risk and improve the competitiveness of Malaysia’s capital market.

Trading & Investment

Huatai Securities Wins First Approval to Issue GDRs in London

03/12/2018

The approval marks the launch of the Shanghai-London Stock Connect, which allows China- and London-listed firms to issue depository receipts in each other’s markets.

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.