Trading & Investment

Indonesia Scraps Margin Call Requirement for Options

04/05/2018

OJK amended rules for trading in options, doing away with the 10% margin call requirement. The move is expected to stop the flow of options trading to other markets that don’t have the requirement.

Capital Adequacy

CBA Ordered to Boost Capital Until Governance Improves

02/05/2018

Prudential inquiry reveals widespread complacency, inadequate risk management, unclear executive level accountabilities, among other failings at the bank.

Clearing & Post-Trade

Singapore to Mandate Central Clearing of OTC Derivatives

02/05/2018

Mandatory clearing to apply to SGD and USD fixed-floating interest rate swaps; applicable to banks with OTC derivatives exceeding SGD20 bn.

Emerging Prudential Risks

PBOC Announces Stricter Asset Management Rules

02/05/2018

New rules include leverage limits, a ban on implicit guarantees, risk reserve provisioning amounting to 10% of management fees; transition period for full compliance to last until end-2020.

Structural Regulation

SEBI Extends Deadline for Monitoring Foreign Investment Limits

02/05/2018

Extension to give listed companies more time to provide data to depositories on foreign investment; data to enable daily calculation of foreign investment in listed companies.

Resolution & Recovery

Moody’s Places HK Banks on Review for Upgrade

01/05/2018

Hong Kong legislation enables authorities to achieve orderly resolution in the event of a bank failure and provides clarity on the effect on depositors and other creditors.

Market Abuse

Chinese Exchanges Toughen ‘Abnormal Trade’ Monitoring

01/05/2018

SZSE and SSE have strengthened rules for member firms on monitoring key accounts for abnormal trading and market manipulation.

Trading & Investment

China Securities Regulator Encourages Rental Property Securitisation

28/04/2018

CSRC says rental asset-backed REITs will allow property developers to raise funds, reduce leverage and diversify investment options.

Trading & Investment

Indian Exchanges Enable Retail Investment in Gov’t Securities

27/04/2018

BSE and NSE have launched online platforms for retail investors to participate in weekly RBI auctions for government securities and treasury bills.